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Shutdown starts to pose new risks for businesses

Joe Mont | January 23, 2019

To quote ’60s songstress Joni Mitchell: “You don’t know what you’ve got, ’til it’s gone.”

She assuredly never had government employees in mind, but the famous lyric cuts to a rediscovered truth during the ongoing government shutdown. Many in corporate America may never realize how much they rely on government services, and the manpower that make them happen, until they are no longer readily available.

As you read this, the current government shutdown, triggered on Dec. 22 amid a funding battle over President Trump’s desire to build a southern border wall, is now the longest in U.S. history. Day-by-day, there are emerging tales of shutdown-related woes hitting the corporate world. Companies that were once able to rely on clear and specific rules, policies, and staff guidance are left in a vacuum, forced to make assumptions and lesser-of-evils decisions regarding capital formation, shareholder relations, operational decisions, and a host of other matters...

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