Great Job Congress. You Accomplished…Nothing After All That - InvestingChannel

Great Job Congress. You Accomplished…Nothing After All That

There’s finally a deal to get the government back up and running. And from the looks of it, it looks like it was a big waste of time. What did two weeks of government shutdown accomplish? Here’s the breakdown:

Ted Cruz made a name for himself and raised a lot of money.

Mitch McConnell’s home state got a $3B earmark.

We all got to overlook how bad the introduction of Obamacare has been.

We guaranteed that we’ll have the same discussion on January 15th, 2014 when the government will again need to approve more spending.

We guaranteed we’ll hit the debt ceiling by February 7th, 2014 which gives more politicians time to grandstand, raise money and force us to suffer through their intolerable TV appearances.

Oh, and it’s estimated that Q4 GDP will be shaved by about 0.5%. ALL FOR NO REASON.

Did I miss anything?

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