Mainstream Media Warns Of American "Economic Hellscape" If The Government Shutdown Continues

Zero Hedge | 1/10/2019 | Staff
rubydrummer (Posted by) Level 3
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Is the mainstream media overhyping the economic impact of the government shutdown for political purposes?

Of course they are.

Time - Media - United - States - Facade

Once upon a time the mainstream media in the United States at least attempted to maintain a facade of objectivity, but those days are long gone. In this case, they want to stir up as much public resentment against President Trump as possible in order to try to force him to end the government shutdown. And when NBC News breathlessly declared that the U.S. “would face an economic hellscape” if this shutdown stretches on for an extended period of time, their article quickly went viral all over the Internet.

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Hellscape

But will it really be “an economic hellscape”?

Yes, things would certainly be unpleasant for a lot of people, and there would be a whole lot of anger around the country.

Scenario - Hellscape - Folks - NBC - News

But such a scenario does not qualify as “an economic hellscape”. I would encourage the folks over at NBC News to pick up a copy of The Beginning Of The End if they really want to know what the initial phases of a major economic crisis scenario could look like in this nation.

By the end of February, the Supplemental Nutrition Assistance Program, or SNAP, run by the Department of Agriculture, would be out of funding — meaning almost 40 million low-income Americans could find themselves struggling to pay for food, said Joseph Brusuelas, chief economist for the accounting firm RSM US.

Things - Lot - Income - People - Lot

Things would certainly be tough for a lot of low income people, and there would be a lot...
(Excerpt) Read more at: Zero Hedge
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