The scariest thing about the government shutdown is the possibility that nobody will notice.
In Spain, when no government could be elected for over a year in an unprecedented political stalemate, the effect of that on the economy was nil. The markets didn’t give a crap. It was happening as I was writing the conclusion to my book, and it was scary to see how fast everything I had been saying in it was coming true.
The smartest thing for politicians to do is to abstain from all of these “I’m going to go away and let’s see how you manage without me” shows. Because increasingly often the answer is “extremely well, thank you.”

Leave a comment