Trump Walks Out of Shutdown Meeting With Pelosi in Few Minutes, Says Bye-Bye

Tump met with House Speaker Nancy Pelosi and Senate minority leader Chuck Schumer after a one sentence question.

Well, that was that. The meeting didn't last long.

Vice-President Mike Pence told reporters he was disappointed that Democrats were "unwilling to engage in good faith negotiations".

I fail to see how good-faith negotiations can happen. The wall is not a candy cane that can be broken in two. Nor can we declare a tie and move on.

One side demands a wall, the other side demands no wall. Want to build half a wall? A wall half height? There isn't much room to compromise here, no matter which side you support.

Mike "Mish" Shedlock

Comments (28)
No. 1-12
Gasmire
Gasmire

Fitch made some disconcerting comments re Uncle's AAA credit rating as a result of this nonsense.

pi314
pi314

Even if the wall is wasteful as Pelosi claims, what is her justification for shutting down a government that oversees a 20-trillion dollar economy over a relatively measly sum of $5b? The other argument that the wall is immoral is not going to fly. And she claims she is for strong border security!

Carl_R
Carl_R

The normal way a compromise works in a situation like this is that Side 1 says "we want A", and Side 2 says "we don't want A, and we are only willing to give it to you in exchange for B". Thus we could have Shumer and Pelosi say "We ware only willing to fund your wall if you agree to grant amnesty to all illegal immigrants with no criminal record, and in addition, an additional $10B in research on solar cell technology", or whatever it is they want.

ML1
ML1

The whole charade that Democrats are opposing the wall to save 5 billion is just a charade and lies.

5 billion is under 0.1% of the yearly Federal budget once.

Building the wall on the whole border according to the original estimate would be 25 billion and this would be under 0.5% of the yearly Federal budget once.

US pays 700+ billion per year in interest for the federal debt...

Jojo
Jojo

A Shut Down Government Actually Costs More Than an Open One By Jim Tankersley Jan. 9, 2019

A federal government shutdown might seem like a great way to save money: When agencies aren’t open, they aren’t spending tax dollars. But history shows us that closing the government actually costs more than keeping it open.

Shuttered parks can’t collect entrance fees. Furloughed workers will ultimately get paid for not showing up to work. And the government will wind up having to pay interest on missed payments to some contractors.

“There’s nothing good about this shutdown, from a fiscal or a budgetary standpoint,” said Michael A. Peterson, chairman of the Peter G. Peterson Foundation, which advocates fiscal prudence and federal debt reduction. “We’re absolutely not celebrating not spending money.”

Here are some ways that the shutdown raises costs for the federal government. Federal employees will eventually get their salaries — for work they weren’t allowed to perform ....