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Introduction From October 1 to 16,2013,the United States federal government entered a shutdown and suspended most routine operations after Congress failed to enact legislation appropriation funds for fiscal year 2014,or a continuing resolution for the interim authorization of appropriations for fiscal year 2014.The 16-day-long shutdown of October 2013 was the third-longest government shutdown in U.S history,after the 18-day shutdown in 1978 and the 21-day 1995-96 shutdown.And at this time,the shut down caused a deep influence on both U.S domestic and foreign issues.According to Manufacturing.neti1,800,000 federal workers were kept from showing up at work,and countless federal programs were suspended indefinitely. Federal government routines nearly all stopped operating except those of crucial departments like the Defense Department.Besides the effects on politics,the prolonged shutdown also stroke at the overall economy.The Dow Jones Industrial Average dropped from just over 15,200 on October 1 to around 14,780 on October 8, and then quickly recovered.As for tourism,most national parks are financed by federal government,so during the shutdown,these parks have to shut for a lack of money,which was a bad news for parks and the visitors.Because most common Americans'daily lives needn't rely on the federal government,they didn't obviously feel the influence of the shutdown.However,in many intangible aspects,the shutdown widely influenced the businesses.For example,small businesses are facing delays in receiving loans from the Small Business Administration.Many of these companies may need to turn to alternative funding sources that charge much higher rates.One alternative source of credit,merchant cash advances,charge interest rates of between 40%and 100%.ii On the basis of the polls conducted by Gallup on September 30,2013i 47%of interviewees thought Shutdown is politics than principle;while only 37%of the interviewees expressed that shutdown is an important battle over principles and the future direction of government.Similar results to these in 1995.Another poll conducted by NBC News/Wall Street Journal showed that the Republican's popularity had dropped and the American were farIntroduction From October 1 to 16, 2013, the United States federal government entered a shutdown and suspended most routine operations after Congress failed to enact legislation appropriation funds for fiscal year 2014, or a continuing resolution for the interim authorization of appropriations for fiscal year 2014. i The 16-day-long shutdown of October 2013 was the third-longest government shutdown in U.S history, after the 18-day shutdown in 1978 and the 21-day 1995-96 shutdown. And at this time, the shut down caused a deep influence on both U.S domestic and foreign issues. According to Manufacturing.net ii1,800,000 federal workers were kept from showing up at work, and countless federal programs were suspended indefinitely. Federal government routines nearly all stopped operating except those of crucial departments like the Defense Department. Besides the effects on politics, the prolonged shutdown also stroke at the overall economy. The Dow Jones Industrial Average dropped from just over 15,200 on October 1 to around 14,780 on October 8, and then quickly recovered. As for tourism, most national parks are financed by federal government, so during the shutdown, these parks have to shut for a lack of money, which was a bad news for parks and the visitors. Because most common Americans’ daily lives needn’t rely on the federal government, they didn’t obviously feel the influence of the shutdown. However, in many intangible aspects, the shutdown widely influenced the businesses. For example, small businesses are facing delays in receiving loans from the Small Business Administration. Many of these companies may need to turn to alternative funding sources that charge much higher rates. One alternative source of credit, merchant cash advances, charge interest rates of between 40% and 100%. iii On the basis of the polls conducted by Gallup on September 30, 2013 iv 47% of interviewees thought Shutdown is politics than principle; while only 37% of the interviewees expressed that shutdown is an important battle over principles and the future direction of government. Similar results to these in 1995. Another poll conducted by NBC News/Wall Street Journalv showed that the Republican’s popularity had dropped and the American were far
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