Essay On The Government Shutdown
The Government Shutdown.
The government plays a huge role in regulating the economy, and without this their can be many people and companies as a whole that would not be able operate. As we have been noticing there are very few good things that can come out of a government shutdown. On the other hand though, the negatives just pile up as the days go by. A few of there are that many veterans many not receive benefits, financing for small businesses would stop, and federal workers will have their pay delayed. These many not be things that directly impact you, but they are things that keep our economy running and together as a whole and without all the parts that keep it together it could collapse before we even know it.
First, it would lead to over two million federal workers having a delayed pay, and just under half of them will not even see those paychecks! (Plumer, 2013). Right off the bat this would be an immediate consequence of the government shutdown. Roughly 1.3 million of these federal workers continue to work while the government is shutdown and expect their delayed paycheck when the government …show more content…
(Plumer, 2013).What this means is that the billions that small businesses receive to help keep them up and running would be completely cut off. Leaving them to find their own way to keep them selves financed. This also includes the businesses ran by veterans mentioned later. All though in this area their seems to be a little more preparation, what I mean by that is the Disaster Loan Program would continue to operate. But of course there are many limitations witch include that no loan can exceed a total of five million dollars. It's another way to help fund these small businesses that suffered a loss of tax and other revenues.(FEMA, 2013). Small businesses going out of business would have an a slight impact on an economy, but it will eventually lead us to a even bigger
The government plays a huge role in regulating the economy, and without this their can be many people and companies as a whole that would not be able operate. As we have been noticing there are very few good things that can come out of a government shutdown. On the other hand though, the negatives just pile up as the days go by. A few of there are that many veterans many not receive benefits, financing for small businesses would stop, and federal workers will have their pay delayed. These many not be things that directly impact you, but they are things that keep our economy running and together as a whole and without all the parts that keep it together it could collapse before we even know it.
First, it would lead to over two million federal workers having a delayed pay, and just under half of them will not even see those paychecks! (Plumer, 2013). Right off the bat this would be an immediate consequence of the government shutdown. Roughly 1.3 million of these federal workers continue to work while the government is shutdown and expect their delayed paycheck when the government …show more content…
(Plumer, 2013).What this means is that the billions that small businesses receive to help keep them up and running would be completely cut off. Leaving them to find their own way to keep them selves financed. This also includes the businesses ran by veterans mentioned later. All though in this area their seems to be a little more preparation, what I mean by that is the Disaster Loan Program would continue to operate. But of course there are many limitations witch include that no loan can exceed a total of five million dollars. It's another way to help fund these small businesses that suffered a loss of tax and other revenues.(FEMA, 2013). Small businesses going out of business would have an a slight impact on an economy, but it will eventually lead us to a even bigger