Page 2 - December 1995 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Him or will go to him that he will listen to who will say, this is a terrible, political thing to do. republicans can control the white house, the white house, and the senate. you and the party will be blamed for this and usually if we look back in history, there are significant consequences there. he may not care because it's going to resound much more on the 2018 republicans than it's going to currently on donald trump in 2020. but there is no political logic here that would suggest that this is a good thing for republicans. it's why you see mitch mcconnell and paul ryan saying, oh no shut d...

>> jason, i want to get your take on the prospects of a second shutdown. you had mitch mcconnell saying it's not going to happen, but ted cruz is not ruling it out. what do you think? are we going to potentially risk having another shutdown? >> i really don't see any reason why congress should want to put the country through that again. if you look at what happened to the economy in the first half of october, there's no question there was a marked deterioration and a range of indicators from labor market to confidence to sales to production. and, you know, no one should want to do that again. ...

That the republican strategy is doomed to fail. >> it's a cynical strategy. and like all the others that they have sent us and that have failed as these will fail today, it is, it has one purpose: not to get anything done, but to try to wriggle out of this view that they've shut down the government. martha: a little context on the previous shutdowns we were just talking about with chris stirewalt, there have been 18 government shutdown since 1977 including this one. four of them were just one day long, you blinked and you might have missed those, but the longest lasted 31 days -- 21 days, and ...

That's about 7%. you're furloughing 800,000 workers without pay. now, in the past that pay has been retroactive but we don't know that yet. i think vis-a-vis the broader economy, even global economy, the question is does the shutdown make a default on our public debt less likely or more likely. there's two sides to the story. we can get into it if we like. that's the big economic question now. >> jared, during the 21-day shutdown from mid december 1995 to early january 1996, stocks lost about 4% of their value. after president clinton and congress reached an agreement stocks shot up more than ...

Of course, they had the right to know and they should have known. >> but the company never told nearby residents, like david and diane prince, they might be in harm's way. in this 1991 meeting agenda, there's even a handwritten note, vista feels a public hearing is unnecessary. >> if i have edc under my property, i need to know about it. if it could possibly affect my health, i need to know about it. >> it wasn't until december 1995, more than a decade after the company began trying to contain the contamination, condea vista notified mossville residents. >> i considered this a vicious, very vi...