""The government shutdown and arguing over the budget and everything, that is a political process, but if you look at it from an economic perspective, ultimately it's going to slow down the economy," Moynihan said. "It's going to slow down the economy because the need to get approvals from the government to do things, whatever it is, slows down," he added. "You've talked a lot about the FAA. If flights​ slow down, people stop traveling, so I think the idea is that it will have an effect.""
""That's a big deal, and the industry steps up," added Moynihan. "The question is that, as it goes on longer, it affects more parts of the economy, because activities that need approvals, need things getting done, just can't get done, so I just hope they resolve it. I always hope they do, because at the end of the day there's a lot of discussion that has to take place about the fiscal situation of the United States. I think it's better to have it with a clear head, and you can sit down and think about it without""
A near-monthlong U.S. government shutdown is starting to harm business and consumer prospects by slowing approvals, delaying projects and reducing travel. Delays in government permissions and services are curbing company operations and dampening consumer activity, particularly where aviation and other federally overseen services are involved. Hundreds of thousands of federal employees face pay disruptions, prompting banks to offer loan forbearance and fee forgiveness to affected accounts. As the shutdown lengthens, disruptions spread across more sectors and increase the risk of broader economic slowdown while complicating attempts to address fiscal policy calmly and deliberately.
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