Slashdot Mirror
Shutdown Hits Industries Nationwide (wsj.com)
The partial government shutdown is affecting a wide range of business and financial concerns nationwide. From a report: Shuttered government offices are stalling the approval of new loans, initial public offerings, the processing of tax documents, and the approval of new products such as prescription drugs, among other effects. While some programs are reopening on a temporary basis or providing workarounds for affected companies, most services won't return to normal until the government fully reopens and 800,000 federal workers sift through the backlog.
Here is a round up of the impact: The partial closure of the Securities and Exchange Commission is delaying the ability of companies to open the IPO market. Companies that were seeking to list shares in January are delaying plans since the regulator has stopped reviewing and approving new and pending corporate registration statements. Airlines expect to have sluggish revenue growth in the first quarter in part because of revenue lost from government travel cancellations. Delta Air Lines Inc. Chief Executive Ed Bastian, for instance, said the shutdown would cost his airline $25 million in lost revenue from government travel. The U.S. Food and Drug Administration has dramatically curtailed inspections of domestic facilities at food-processing companies during the shutdown, though unpaid inspectors have resumed work inspecting higher-risk products such as fresh fruits and vegetables, eggs, seafood and dairy products.
At the Internal Revenue Service, the shutdown has created delays in getting some employer identification numbers, holding up some routine business deals. Some small-business loans are also stuck in limbo. The Small Business Administration has stopped approving routine loans that the agency backs to ensure entrepreneurs have access to funds, halting their plans for expansion and repairs and forcing some owners to consider costlier sources of cash. The government process for reviewing proposed mergers has been slowed by the shutdown, but it is still operating. Businesses that have government contracts are feeling the strain across a variety of industries, including the building of highways and bridges.
Here is a round up of the impact: The partial closure of the Securities and Exchange Commission is delaying the ability of companies to open the IPO market. Companies that were seeking to list shares in January are delaying plans since the regulator has stopped reviewing and approving new and pending corporate registration statements. Airlines expect to have sluggish revenue growth in the first quarter in part because of revenue lost from government travel cancellations. Delta Air Lines Inc. Chief Executive Ed Bastian, for instance, said the shutdown would cost his airline $25 million in lost revenue from government travel. The U.S. Food and Drug Administration has dramatically curtailed inspections of domestic facilities at food-processing companies during the shutdown, though unpaid inspectors have resumed work inspecting higher-risk products such as fresh fruits and vegetables, eggs, seafood and dairy products.
At the Internal Revenue Service, the shutdown has created delays in getting some employer identification numbers, holding up some routine business deals. Some small-business loans are also stuck in limbo. The Small Business Administration has stopped approving routine loans that the agency backs to ensure entrepreneurs have access to funds, halting their plans for expansion and repairs and forcing some owners to consider costlier sources of cash. The government process for reviewing proposed mergers has been slowed by the shutdown, but it is still operating. Businesses that have government contracts are feeling the strain across a variety of industries, including the building of highways and bridges.
“I am proud to shut down the government for border security, Chuck. I will take the mantle. I will be the one to shut it down. I’m not going to blame you for it.”
Donald Trump
Making America Great Again. Congrats.
Why is everything here getting so political? I read about this on every other news feeds, I don't need it here as well.
The president is the one who is supposed to submit the budget in the US system. Don't they teach US civics over there?
The Democratic House has already passed several bills to reopen the government in the past couple of weeks. The Senate GOP won't even allow a vote on them.
You are welcome on my lawn.
Israel's wall has been fairly effective:
https://en.wikipedia.org/wiki/Israeli_West_Bank_barrier#Effectiveness
No barrier is perfectly effective. People break out of prisons on occasion - that doesn't discount the utility of prisons in general.
Using "perfection" as an excuse to leave our border unprotected is just stupid. Most people that are anti-wall should just admit they are open borders activists. No amount of border security will make them happy.
Israel's wall has been fairly effective:
https://en.wikipedia.org/wiki/Israeli_West_Bank_barrier#Effectiveness
No barrier is perfectly effective. People break out of prisons on occasion - that doesn't discount the utility of prisons in general.
Using "perfection" as an excuse to leave our border unprotected is just stupid. Most people that are anti-wall should just admit they are open borders activists. No amount of border security will make them happy.
from the article you cited:
Haaretz reported, "[t]he security fence is no longer mentioned as the major factor in preventing suicide bombings, mainly because the terrorists have found ways to bypass it."[56] Former Israeli Secretary of Defence Moshe Arens says that the reduction in Palestinian violence is largely due to the IDF's entry into the West Bank in 2002.[57]
Maybe people who are for the wall should admit they haven't studied the issue and attribute false motivations to those who have?
The House of Representatives already passed a budget (which included something like $1.5 billion for border security) on their first day of the year. The Senate hasn't voted on it because Mitch McConnell, the Senate Majority Leader, has refused to call for a vote on any budget that would be vetoed.