ANY LESSONS FOR PNG IN THE CURRENT U.S SHUT DOWN?
By SAM KOIM The current Shutdown in the United States of America begs my interests to share my observations in light of the recent announcement by our Prime Minister for the change of our system of Government. The powerful nation on earth (USA) has gone through its 2nd day of shutdown after the Republicans in the House of Representatives refused to approve funding for President Barack Obama’s signature healthcare reforms –the Obamacare. President Obama has had similar challenges when he required the House’ approval to intervene in the alleged use of chemical weapons by the Syrian Government in the very recent past. Coming up, a more serious piece of legislation that needs both the Senate and the House approval is the raising of the debt ceiling which is approaching very near (17th Oct). The fear that is looming in the State’s now is that Congress might be so caught up with the shut down and the same tensions might be drawn into the debt ceiling hence potentially affect the US economy.