Trump’s 2025 Government Shutdown: Political Retaliation, Market Volatility, and Global Fallout
📌 Trump Administration Shutdown ― Political Retribution and Global Economic Fallout --- Part I. The Background of the Shutdown ― Beyond a Simple Budget Stalemate In the fall of 2025, the U.S. federal government once again faced the political crisis of a shutdown. A shutdown is not merely an administrative inconvenience. When Congress fails to pass a new budget or a continuing resolution on time, federal agencies legally lose the authority to spend money. This effectively means that a large portion of government operations comes to a halt. Impact on reality When a shutdown takes effect, the first to be hit are federal workers. Out of roughly 2 million federal employees, hundreds of thousands are placed on furlough without pay. Only essential staff remain, and even they continue working without guaranteed paychecks. During the 35-day shutdown of 2018–2019, about 800,000 federal workers went without pay, leading many into financial hardship: higher credit card delinquency rat...