Approximately 800,000 federal workers were furloughed when the government shut down began last Tuesday. Economists predict that the impact of America’s largest employer, as President Obama described the federal government, being out of work to have a negative 0.2% impact on the gross domestic product per week. “You can knock government all you want, but we do assume that they provide a useful role to the economy,” said IHS Global Insight economist Doug Handler.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers: