US Treasury Secretary: Government Shutdown Creates a $11 Billion 'Permanent Hole' in US GDP

Just came across the news from Jinshi Data - US Treasury Secretary Yellen stated that this government shutdown has directly caused a permanent loss of $11 billion to GDP.

The 'aftereffects of the shutdown' are quite severe, equivalent to evaporating a large amount of real money, and the subsequent economic recovery is likely to require significant effort.

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