I think this is correct and I also think it’s extremely reckless. Because a lot of government agencies are there to deal with rate tail-risk scenarios that only come along occasionally. The fact that you turn an agency off and nothing bad happens for a week tells you nothing.
Quote
Derek Thompson
@DKThomp
Replying to @Ike_Saul
I think whoever said Trump is turning off the govt, waiting to see what breaks materially or reputationally, and then turning it back on, was onto something …