Posted by SLS on October 4, 2013, at 5:23:13
In reply to Re: gov't shutdown.... :(, posted by alexandra_k on October 4, 2013, at 1:23:55
> what do you mean it shut down? which gov't?
The US government failed to pass a budget resolution, so government agencies have shutdown. Over 800,000 federal workers were told to go home without pay. Of course, this has affected many more people whose businesses rely on government contracts. On October 17, another deadline must be met. The government must ratify an increase in the debt ceiling so that it can actually pay its bills, including the amount it owes in interest on its debts. Such a situation can result in default. Were this to occur, the economic consequences would eclipse anything the government shutdown could produce.
- ScottSome see things as they are and ask why.
I dream of things that never were and ask why not.- George Bernard Shaw
poster:SLS
thread:1051657
URL: http://www.dr-bob.org/babble/social/20130914/msgs/1051680.html