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By Alex Lennane
Maybe we’re missing something here. But the US government shutdown, which imperils wages and federal institutions, is nothing short of astonishing. A political system (which, incidentally, the US rather likes to promote internationally) which allows parties to use government debt as a bargaining tool, rather than debate on policy, seems hugely flawed. Something feels less than democratic here.
Anyway – The Economist has a good short overview on “this mess” while Supply Chain 247 has attempted to analyse the effect on transport – although it is not yet quite clear, (although the US Ex-Im Bank has just closed its doors). Go to ‘read more’ for the potential effects on the economy – one of which could be the lack of government statistics.