Policy

Govt. Shutdown Becomes Subject of Satire Around the World

First shutdown in 17 years

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(CNN) — For the reigning super power and the largest economy in the world, it's an egg-on-your-face moment.

For the first time in 17 years, the U.S. government shut down as its democratically-elected politicians could not come to an agreement over a spending bill. This stalemate closed non-essential services, sending 800,000 federal workers home without pay as lawmakers bickered about who was to blame. The shutdown could cost the economy about $1 billion a week.