US government shutdown

The US government has begun a partial shutdown after the two houses of Congress failed to agree the healthcare reform. Actually, the US government had experienced shutdowns several times since 1977. But this time is the only one during a 17-year period.

The government shutdown has a big influence on business. Infrastructures like national parks and museums will close. Permission of visa and passport will be delayed. This will ruin tourism, which definitely cause loss to the US. The government cannot pay the federal employees which will affect their normal life. Because of the influence, people may feel unsafe in the society. It will cause society instability in some extent. What’s more, this maybe also affect US’s financial situation. US dollar will depreciate, which means the money value of the US dollar is decreased. This result in a loss to the countries who have national debt of the US. This maybe lead to inflation.


“The Libertarian Republic.” The Libertarian Republic. 16 Nov. 2013 <http://thelibertarianrepublic.com/lets-shut-federal-government-forever/>.

http://www.theglobeandmail.com/report-on-business/economy/shutdown-to-slowdown-how-washingtons-mess-is-hurting-business/article14712510/

Leave a Reply

Your email address will not be published. Required fields are marked *