The second week started companied with Tropical Storm Karen
“With no end in sight, the near
week-old partial U.S. government shutdown is putting growth in the world's
largest economy under further threat – Economists.”
With the shutdown approaching its one-week anniversary and both
sides digging in their heels, that assumption is looking increasingly
untenable, and the all economists’ estimates are based on an assumption that
the shutdown will last two weeks and there is no violation of the debt ceiling.
In addition, many sectors that rely on the Federal government
for approvals and information are [being] impacted. The tourism and travel
industry is hurt by the shutdown of national parks. And companies in the
defense industry are already starting layoffs.
President Obama's proudest legislative achievement, the
Affordable Care Act or "Obamacare" remaining at the center of
the battle there is little room for compromise given.
To increase it to the worst, Tropical Storm
Karen hit the Southeastern American Gulf Coast, the expectation talks about the
period of heavy rains will fall from this slow moving storm on various Southeastern
States, and many weather experts expected that there will
be landfalls and high water levels. Which means that U.S. must recall its disaster recovery teams and
hurricane experts to participate in the rescue operations if needed, since most
of them were forces to go home.
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