Connect with us

archive

Crisis du Jour: Fear of Government Shutdown Rises Again

Crisis du Jour: Fear of Government Shutdown Rises Again (DailyNews)

Forget duck season or deer season, or any other time of year carved out for Americans to hit the fields and hunt down their intended prey. Right now, it is finger-pointing season — as in who’s to blame for the looming U.S. government shut down as of Oct. 1. On that date, unless the bipartisan bickering turns into an 11th hour agreement, the U.S. government will run out of time and money to fund itself. While Republicans say this crisis is rooted in the passage of President Obama’s health-care program, Democrats claim the GOP wants the government to shut its doors as a political ploy to lay the groundwork for future elections. Regardless of who or what is really to blame, if the two sides don’t come together within the next week, the wheels of U.S. politics will grind to a halt on Oct. 1. As for the markets, investors will just have to wait to see how they respond. And that’s the worst position we could be in, as independent investors.

Newsletter Signup.

Sign up to the Human Events newsletter

Advertisement
Advertisement

TRENDING NOW:

Dunkin Donuts Refuses to Get Woke: ‘We Are Not Starbucks’

CULTURE

‘Reaganesque’: Economist Tells CNBC Trump Could Shift Global Order In China Trade War

FOREIGN AFFAIRS

Does ‘Impeach Trump’ Amash Have Financial Interests in China?

FOREIGN AFFAIRS

Salvini: ‘Extremists’ Are Those Who’ve Governed Europe in the Name of Finance, Multinationalism, Mass Migration.

FOREIGN AFFAIRS

Forget duck season or deer season, or any other time of year carved out for Americans to hit the fields and hunt down their intended prey.

archive

Crisis du Jour: Fear of Government Shutdown Rises Again

Forget duck season or deer season, or any other time of year carved out for Americans to hit the fields and hunt down their intended prey.

Crisis du Jour: Fear of Government Shutdown Rises Again (DailyNews)

Forget duck season or deer season, or any other time of year carved out for Americans to hit the fields and hunt down their intended prey. Right now, it is finger-pointing season — as in who??s to blame for the looming U.S. government shut down as of Oct. 1. On that date, unless the bipartisan bickering turns into an 11th hour agreement, the U.S. government will run out of time and money to fund itself. While Republicans say this crisis is rooted in the passage of President Obama??s health-care program, Democrats claim the GOP wants the government to shut its doors as a political ploy to lay the groundwork for future elections. Regardless of who or what is really to blame, if the two sides don??t come together within the next week, the wheels of U.S. politics will grind to a halt on Oct. 1. As for the markets, investors will just have to wait to see how they respond. And that??s the worst position we could be in, as independent investors.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

TRENDING NOW:

Dunkin Donuts Refuses to Get Woke: ‘We Are Not Starbucks’

CULTURE

‘Reaganesque’: Economist Tells CNBC Trump Could Shift Global Order In China Trade War

FOREIGN AFFAIRS

Does ‘Impeach Trump’ Amash Have Financial Interests in China?

FOREIGN AFFAIRS

Salvini: ‘Extremists’ Are Those Who’ve Governed Europe in the Name of Finance, Multinationalism, Mass Migration.

FOREIGN AFFAIRS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter