...Government Shutdown When hearing it for the first time a government shutdown can sound pretty terrifying. What does it mean? Do we still have laws? What about school? There were many questions that people could not find answers to. Most people were not effected drastically, but that does not mean the shutdown means nothing. Many things were different and a lot of government services were closed or unable to function, but first of all, why did the government shut down? Congress had failed to pass a federal funding bill. The government has to set a budget for the nation that pays for services but without a plan on how to spend money, the government was forced to shut down. So what exactly did the shutdown effect? Not only were national parks and museums or passport offices closed, but less obviously, people could not receive government benefits or student loans. Over 2 million federal workers' paychecks were delayed and some may never redeem them. Countless people were undeniably effected, but for what? In my opinion, the government shutdown was pointless and unnecessary. Nothing was accomplished over those 16 days and it cost the economy $24 billion. The full effects the shutdown will take on the economy won't be known immediately, though in a few weeks it is predicted that we should see a rebound as government workers spend the money they were owed during the shutdown. Solving this matter resulted in raising the debt ceiling, but there were other ways...
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...Government Shutdown Introduction A government shutdown in the U.S. politics is where the executive branch of the federal government intervenes when there is a funding gap. In essence, the intervention is done when the Congress decides against passing legislation that supports funding of government operations and activities. With reference to the “funding gap”, it is the time interval when the interim or full-year appropriations are not enacted into law as expected by the Congress and the President (Brass p. 2). As such, it is apparent that a government shutdown has a number of implications on the overall economy of the country and federal government employees who form an important part of U.S. economy. In addition, the government shutdown can delay important activities and government processes hence undermining economic development (Fuscaldo). Recently, the United States has been on the brink of experiencing a government shutdown hence this therefore raises the critical question of what the implications are likely to be triggered by this situation. This paper is therefore an endeavor to examine the implications of a government shutdown to the U.S. Implications of a government shutdown i. Federal Government Employees If a government shutdown is to occur based on the current situation, one of the most affected groups would be federal government employees. In this case, a shutdown is likely to take toll of employees working in federal agencies because they are...
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...Before I go into this paper about this government shutdown. Let me refreshing your memory why we got this far in the first place. It was clear at the beginning of 2013 when the Congress suspended the debt limit, that sooner rather than later that it would need to be increased. It was also clear that a new spending bill would be needed when spending authority for non-entitlement programs expired at the end of September in order to prevent a partial government shutdown. House Speaker John Boehner said he would insist on spending reductions as part of the price of voting to increase the debt limit. And last summer Sen. Ted Cruz, R- Texas, and other conservatives began discussing their plan to block or delay the Affordable Care Act before enrollment in insurance plans started in October, by using the spending bill or debt limit as leverage. President Obama and congressional Democrats have steadfastly insisted on nothing less than a “clean” bill to continue funding the government at currents levels and a “clean” extension of the nation’s ability to borrow, with no extra bargaining in either situation. With Republicans holding the majority in the House of Representatives and Democrats in control of the Senate and White House, the government has come to this standoff. Now, since the government have shutdown the consequences for some has been far-reaching, but minimal impact for others. The Department of the Interior is partially closed, but it affects...
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...Government Shutdowns Government shutdowns are complicated, but with the increase of Government shutdowns per decade, Americans are frequently asking questions such as ‘What problems can be caused due to increased Government Shutdowns and why do they happen so often?’, or ‘What might we face in our future and how will this effect possibly all aspects of the American life we know today.’, more often than not, leaving most Americans clueless as to what all this means and why it keeps happening. To truly understand what government shutdowns are and why they happen, we must first reflect on the history of government shutdowns and what led to the frequency at which they occur today. Government shutdowns have a short history of happenings, looking...
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...the government shutdown (Terkel). Imagine the disappointment the many tourists and visitors, both local and from out of state, experienced that day as, not only the National Zoo, but all Smithsonian Museums and National Parks (such as the very popular Yellowstone National Park in Wyoming) were forced to send their workers home and close down due to the government shutdown. The last shutdown occurred in 1995 under the Clinton administration. This time, almost twenty years later, the shutdown of 2013 resulted because, in the words of current President Barack Obama, “one faction, of one party, in one house of Congress, in one branch of government [...] didn’t like one law” (Bruce). This faction’s members highly opposed Obama’s Patient Protection and Affordable Care Art, also known as Obamacare, believing it to be unconstitutional. While Obamacare is now undergoing much debate by both Republicans and Democrats despite its approval back in 2010, the Republican-controlled House of Representatives held the American budget as hostage in order to delay the Act which unnecessarily furloughed thousands of federal workers, caused economic difficulties, and potentially legitimized extortion. While some would argue that it was reasonable, the sixteen day long government shutdown was an unnecessary one instigated by a small group of rich citizens and was forced upon the American public in order to defund the Affordable Care Act (which, ironically, was not even affected by the shutdown as its...
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...Recently, finance headlines have all been about the US government shutdown and debt ceiling. Last Oct. 1, the US experienced its 1st government shutdown in 17 years. Since the shutdown of Oct. 1, the US stock market had been down almost every day while global stock markets experienced a roller coaster ride. This changed last Thursday when a glimmer of hope started to surface. Over the weekend, American politicians engaged in marathon discussions to solve the US government shutdown and the US debt ceiling problem. Despite the gravity of the situation in the US, some of our readers and investors are still not familiar with it. They have been asking us how this will affect our economy and stock market. Philequity Corner was conceived with a mission of educating the investing public. As part of our educational mandate, we shall discuss in this article the problems that the US is experiencing. Moreover, we shall explain how these might affect the global economy, global stocks and in particular, the local stock market. What is the US government shutdown? A government shutdown takes place when the US Congress fails to allot funds for the incoming fiscal year. This last happened in October 1995 and this current shutdown started in Oct. 1. To date, the US government has been shut down for almost two weeks already. The shutdown closed certain parts of the US government that are deemed non-essential. Some examples of these are national parks and monuments, certain services for veterans...
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...Operation “Government Shutdown” As many already know, October 1, 2013 marked the first day of the sixth federal government shutdown in the United States of America’s history. The shutdown spanned over sixteen days causing about 800,000 federal employees to become furloughed without pay, government operations put in a minimal manning status, national park closures, and many other unfortunate situations. The government shutdown was ended on October 17, 2013 as a result of Congress and the Presidential staff coming upon an agreement to continue operations for a short period to hopefully develop a solution all parties can agree upon. With that being said, on January 15, 2014 will we face the same fate due to our government being unable to devise a plan to fund our government operations and get the debit ceiling under control (Pisani, 2013)? The future of our country strongly depends on the decisions made by the lawmakers of this nation. We should not have to live in a state of mind where we do not know whether or not we will every recover our economy and get America moving back forward again. Effects on local community Living in the city of Augusta where a large population of workers and businesses depend on government as a source of revenue can be hard in the wake of a shutdown. Most government employees received 60% of their pay before taxes and these individuals still had to pay for their living expenses. Imagine being a government employee, securing your lifestyle around...
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...Running head: ANALYSIS OF AN ETHICAL DILEMMA Analysis of an Ethical Dilemma: Government Shutdown Anthony Bacon Grand Canyon University NRS 437V 7/12/2011 There are many ethical dilemmas present today that are affecting our world and communities. In this paper I will talk about the government shutdown affecting the state of Minnesota. I will describe how this government shutdown has created many ethical and non-ethical problems for the people of Minnesota, and how this shutdown has affected healthcare in particular. The ethical background of the Minnesota government shutdown has a wide variety of problems behind it. One major problem is political in nature, and is caused by democrats and republicans not being able to solve the budget crises. Healthcare in Minnesota has also paid a price because of the government shutdown. A hospital in Southern Minnesota was unable to move forward with their expansion, this is still being help up because inspectors for the state are not able to come to the hospital and look over the building (Fox 12 Mankato, 2011). There are also other problems associated with the government shutdown, items include: nurses inability to obtain licenses, inability for nurses to start work due to background checks being shutdown, and nursing students not able to sit for boards after graduation. In addition according to kare11 this shutdown has caused 22,000 state jobs to be idled, and closed 66 parks across Minnesota (Kare11 Minneapolis-St. Paul...
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...Detecting Media Bias My favorite search engine is Google and I have decided to use it to find information on our current situation of the government shutdown. I chose only one of the websites that popped up from my search of “current government shutdown”. The article that I am using for this project is from Harry J Enten, theguardian.com, Friday 4 October 2013 11.24 EDT and it is titled Americans blame Republicans most for the government shutdown, but it's very relative: practically everyone thinks Congress, the Democrats and President Obama all stink, too. I do think that the reporting of the news story was very clear and accurate, with sufficient depth and breadth. Even though the title of this article is Americans blame Republicans most for the government shutdown, the author was not trying to persuade anyone into believing in any certain way. I feel that most, if not all of the facts that are known about the government shutdown, are presented within this article. The bottom line in this article is that more Americans disapprove than approve of the job being done by all three actors in the dispute over the federal budget. The three actors are; President Obama, Democrats and Republicans. I do believe that all of the known facts about the shutdown were addressed in this article. I also think that within the article, there were many alternative perspectives and worldviews mentioned. I do not think that there were any questionable assumptions implicit in the story, because...
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...The current event that I've chosen for the “Current Events and the Constitution Assignment” for the Legislative branch was the potential government shutdown due to defunding of Planned Parenthood.The Republican party wrote up a plan for federal funding for legislative branch that would make the government operational through December 11th. In this Proposal the funding would include removing funding from Planned Parenthood for a year. The Democrat party then proposed a bill that could counter the defunding of planned parenthood in the proposed federal funding. This cause some tension between what budget should be made for the federal government spending. Both sides accuse each other of wanting to start a government shutdown. Some Republicans...
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...4/4/13 One shutdown means Tk 1,600cr losses | The Daily Star THURSDAY, APRIL 04, 2013 | 02:19 RSS ARCHIVE HOME NEWSPAPER BUSINESS SPORTS ENTERTAINMENT LIFESTYLE OP-ED EDITORIAL SECTIONS MAGAZINE SUPPLEMENTS ONE SHUTDOW N MEANS TK 1,600CR LOSSES LATEST NEWS : Gas reality awaits projects A A THURSDAY, APRIL 04, 2013 One shutdown means Tk 1,600cr losses Dhaka chamber's survey finds hartals eat up 6.5pc of GDP a year STAR BUSINESS REPORT Like 2 LATEST MOST READ MOST DISCUSSED Export goes haywire KSA may take more workers Economy hit hard Hefajat warns govt BNP banks on radicals Blogger Asif arrested Govt may lose everything Website Feedback AL certificate for 3 Jamaat activists! Gas reality awaits projects Govt mulls one-day weekend 25 killed in record Argentina downpour Defence starts placing final arguments Pay as you weigh Mobile phone steps into 41st year 36 Rajshahi Shibir men arrested Govt action absurd Defence claims four charges not proved MPs press for more money Taliban kill 44 in attack on Afghan court Saudi-funded UN cash to support Gaza families A day of shutdown causes a loss of Tk 1,600 crore to the country’s businesses of all segments — from exports to retail shops, a leading chamber said in a survey yesterday. The country faces, on average, 40 days of shutdown a year, which means the financial losses stand at Tk 64,000 crore or 6.5 percent of the country’s gross domestic product (GDP), Dhaka...
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...Source name: States Prepare Layoffs, Furloughs during Shutdown HRM topic: External environment http://www.usnews.com/news/articles/2013/10/10/states-prepare-layoffs-furloughs-during-shutdo wn Summary: States have furloughed employees as the absence of federal funds is straining already tight state budgets, so more workers will be sent on unpaid leave or even laid off if the shutdown continues. The layoffs have hit civilians at state National Guard bureaus, workplace safety inspectors and state workers who determine eligibility for Social Security disability benefits, among others. At the same time, some states have avoided furloughs by tapping into accumulated federal funds while others are dipping into state coffers. Why interested：For an international student from China, even a government can still go through shutdown is very shocking. Not only so, while the shutdown has furloughed federal workers, small businesses that work closely with the government are also being forced to let people go. For instance, Chloeta Fire is a firm specializes in battling wildfires, emergency fire response and wildfire preventions and 80% of its business is from government contracts. When the government shut down weeks ago, their contracts with the U.S. Forest Service, Bureau of Land Management and some federally funded state contracts were all frozen and they have to lay off some firefighters. What learned: Wal-Mart, as a company with the Organizational Strategy of Cost, also can...
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...it Obama Drama! It’s been 17 years since the last government shutdown that occurred in October 1996. So how is it possible that we’re in that same situation again? Will this time be for the worst, or will it be for the best? The government shutdown is due to the fact that the Congress did not reach their spending bill by the end of their fiscal period, which is October 1st they are to shut down the government. As most of us think that this is happening because of Republicans and Democrats, and how republicans are selfish, we’re somewhat wrong. If we put further thought into it, the problem is money. The nation kept borrowing money, and was so in debt that they reached a point where they were warned to stop spending money. All of this was ignored by President Obama and the nation kept borrowing money to where they then had to shut down the government two years later. "We continue to talk. No progress, but there never is until you reach a breakthrough," McCain told reporters "I'm not saying that we will ever reach a breakthrough. I'm saying conversations are going on. I hope that they reach some conclusion. I'm not sure whether they will or not." – John McCain, senator of Arizona. How the government could possibly be so terrible at managing the budget, is beyond me. But why do we keep electing them? Every time, they promise change and a better future for the nation and it only seems like it’s getting worst. These congressmen should give up their pay. Why do people at...
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...As some of us already know, US is has the biggest debt in the world right now. US have a total debt of 16 trillion dollars. Coming in second place of world’s largest debt is the United Kingdom with a debt of 9 only 9 trillion. I said only 9 trillion in debt because comparing the two countries we can clearly see that US almost doubles the debt of the United Kingdom, that is simply outrageous. In an article by Paul Toscano, he notes, “This borrowing adds to the national debt, which has recently surpassed $15.7 trillion and is rising every second. The amount of debt is quickly approaching the federal debt ceiling, a legal limit to borrowing that currently stands at $16.4 trillion.”(Toscano). As stated by Toscano, the legal borrow limit for debt caps at 16.4 trillion dollars and the US is awfully close to that amount which horrible to hear. Eventually the US the debt will have accumulated so much that all producers, consumers, and investors will be affected one way or another which will cause unnecessary concern. This may all sounds quite bad, but all money the money borrowed is used on the American people and their needs. The federal spending is a rather huge issue in the US today, especially since we are 16.8 trillion in debt to other countries as of 2013. Some people may question about what all this money is being used for or where is it mostly going to. Well, I can say that the money is being put to good use to major programs such as military, social security, unemployment, medical...
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... Agriculture has a huge impact in this world. Many may think it’s just as simple of producing animals for us to consume or farming of fruits and vegetables. But many may fail to realize agriculture is much more than what you think it is. In agricultural market information plays a huge role dealing in agricultural. Market Information is a form of information relevant to a market decision. Market information is important to the food market system because essentially everyone who produces, buy and sells agricultural products are constantly searching, comparing and using market information on supply, demand and prices within the food market system. A current status of market information has surfaces the United States with a governmental shutdown. Tim Peterson a market savvy farmer had to make a critical marketing decision. With the market information he protects his investment in seed and fertilizer. He states that by “locking in” the price his wheat crops next July with a contract that shield farmers from market fluctuations by guaranteeing a price while the crops is still intact in the ground. Farmers and livestock producers bargain on reports from the National Agriculture Statistics Service to make their agriculture decisions. Such decision may be how to price crops, which commodities to grow and when to sell them, and tracking cattle auction prices (Hegman,2013). The National Agriculture Statistics Service has also stopped access on new reports about demand and supply, exports...
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