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Series of Manufactured Crises Since 2010 Has Cost Country 900,000 Jobs, Cut Economic Growth by 12% / Recent Shutdown Damaged Consumer Confidence, Slowed Business Investment

Washington, DC- Today, U.S. Senator Bob Casey (D-PA) along with Senators Mark Warner (D-VA), Amy Klobuchar (D-MN) and Ben Cardin (D-MD) released a new report showing the damage the recent government shutdown has done to the economy and the impact that a series of manufactured crises have had on economic growth and job creation since 2010.

“This report is a stark reminder of the consequences of manufactured budget and debt ceiling crises,” Senator Casey said. “I’m hopeful that Congress can turn the page on this period and begin to work together on policies that create jobs and spur economic growth.”    

A report detailing the consequences is attached.

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  1. Jobs & Economy