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Government Plays Catch Up After End of Shutdown

Nov 25, 2025

1 min

Anoop Rai

Dr. Anoop Rai, professor of finance at Hofstra’s Frank G. Zarb School of Business, was interviewed by Newsday about the lasting economic impact of the recent federal government shutdown, the longest in the history of the United States.



Dr. Rai told Newsday that the period of economic uncertainty caused by this latest shutdown is a “blip” and he expects a quick rebound as government spending resumes.


“In the broad scheme of things, everything will come back to normal with a slight dip in [gross domestic production], but the question is — was it necessary?” he said. “The disruption the shutdown has caused should be measured in terms of the pain it has inflicted on a lot of people.”
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Anoop Rai

Anoop Rai

Professor of Finance

Professor of Finance

Corporate FinanceFinancial InstitutionsInternational FinanceCapstone CourseFinancial Regulations
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