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Americans Are Tired Of Government Shutdown

October 7, 2013

A majority of Americans say the federal government shutdown is causing a crisis or major problems for the country, according to a new CNN/ORC International poll. That’s a higher level of concern than in late 1995, during the previous series of government shutdowns.  While the survey also indicates that slightly more people are angry at Republicans (63%) than Democrats (57%) or President Barack Obama (53%) for the shutdown, it is clear that all sides are taking a hit.

The markets, it might be noted, as I had a very late lunch and watched the closing bell, are also weighing in and letting it be known they are not pleased with the lack of an orderly process coming from the House Republicans.

5 Comments
  1. October 9, 2013 9:27 AM

    Markets hate uncertainty.

    If you read the financial sections of the newspapers you will see the angst from the markets over the shutdown, and the unknowns about the debt limit. Why do think investors have been fleeing from stocks to the safe harbor of Treasury bonds, as just one example of the chaos?

    Not sure if you have kids, but let me assure you that in the check out aisle if a child wants a candy bar there are two ways to proceed. The parent can say yes or no. But if the answer if no for all the sound reasons that any good parent can understand then the hollering and acting out from the child should not then persuade the parent to relent on the reasons for saying no.

    So it is with the way Democrats need to deal with Republicans who wish to block the operations of the government. There are the votes in the House to fund the government if the matter was brought to a vote.

    The Affordable Heath care is the law of the land. There is a process in government to address changes to law. Anyone in congress can introduce legislation to achieve changes to the law. But it would be most harmful to the process of government to allow for those who think they can shut down the government to get their way.

  2. tom permalink
    October 8, 2013 8:57 PM

    If it is a fact that the republicans are holding the process up, it is also a fact that the democrats are doing the same. Each refuses to accept the position of the other. Simple reasoning tells us this. Democrats in both houses could vote to pass a bill which defunds Obamacare. Since they do not, they are holding the process up.

    Secondly, while I have read fairly widely, I have not seen any polls or data to suggest that the markets target republicans as the main source of their “angst.” Do you have any source for this?

    Your response did not answer my question.

  3. October 7, 2013 7:05 PM

    The fact that it is the House Republicans who are holding the process up, the fact that when it comes to the markets they are not political but looking to financial concerns, and that the main source of angst is aimed at the GOP. All together it makes for the way I framed my post.

    Thanks for the question.

  4. Tom permalink
    October 7, 2013 5:01 PM

    How would you know that the markets are displeased with Republicans, as opposed to Obama, the democrats, or the legislature as a whole?

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