Relax. It will be over soon. Last time it eventually turned into a free paid vacation.MrSnrub wrote:Ugh this sucks. My wife is freaking out as if I just got fired.
Government Shutdown?
Moderator: Aitrus
Re: Government Shutdown?
Owner/creator of TSPcalc.com - "Know your numbers"
Re: Government Shutdown?
Not for everyone. Some of us are essential employees.mjedlin66 wrote:Relax. It will be over soon. Last time it eventually turned into a free paid vacation.MrSnrub wrote:Ugh this sucks. My wife is freaking out as if I just got fired.
I follow a monthly seasonal strategy from gclapper (slightly modified). Its moves can be found by searching for strategy number #25727 on http://www.tspcalc.com
- jlozano042
- Posts: 836
- Joined: Tue Apr 04, 2017 12:37 pm
Re: Government Shutdown?
Not our first rodeo. 2013 I was essential and this year not - just take the time with family and enjoy the ride. It will be over soon. I think I'm going to spend the time off stockpiling and consuming twinkies while watching Mad Max and Tron.
Re: Government Shutdown?
So who is getting furloughed, or a short vacation, if they don't come to an agreement by Monday morning?
Such a waste of money and resources. Most likely everyone will get paid for not working as in most Government shutdowns but in 2013 when some did 1-2 days a pay period over several months because of sequestration, they did not get paid. We need a law that bans any congressional break during any continuing resolution, maybe that would end these multiple CRAs that last 3-6 months by continually kicking the can down the road.
Such a waste of money and resources. Most likely everyone will get paid for not working as in most Government shutdowns but in 2013 when some did 1-2 days a pay period over several months because of sequestration, they did not get paid. We need a law that bans any congressional break during any continuing resolution, maybe that would end these multiple CRAs that last 3-6 months by continually kicking the can down the road.
Re: Government Shutdown?
That would be a great law.evilanne wrote:So who is getting furloughed, or a short vacation, if they don't come to an agreement by Monday morning?
Such a waste of money and resources. Most likely everyone will get paid for not working as in most Government shutdowns but in 2013 when some did 1-2 days a pay period over several months because of sequestration, they did not get paid. We need a law that bans any congressional break during any continuing resolution, maybe that would end these multiple CRAs that last 3-6 months by continually kicking the can down the road.
Owner/creator of TSPcalc.com - "Know your numbers"
Re: Government Shutdown?
But how are the markets going to react?
- Scarfinger
- Posts: 810
- Joined: Mon Jan 30, 2012 12:00 am
Re: Government Shutdown?
Not I...evilanne wrote:So who is getting furloughed, or a short vacation, if they don't come to an agreement by Monday morning?
Report on Monday like any other day. Last shut down was like 13 days and in the same pay period if I remember right. So for me it was like a shut down never happened.
I am just an average Joe. I have no clue to what the market will do.
Paul Merriman 2 fund strat: (age - 25) x2.5 = TDF + balance into S fund or variation ofTimboSlice wrote: "People really need to stop overthinking this."
Re: Government Shutdown?
I think I've seen numbers that only something like 17% of the federal workforce is considered non-essential.
"Get your money for nothin', and your chicks for free."
Following TSPCalc strategy #64902.
Following TSPCalc strategy #64902.
Re: Government Shutdown?
Debt ceiling vs government shutdown: How they’re different and why they matter
https://www.cnbc.com/2021/09/17/debt-ce ... tters.html
McConnell unmoved on debt limit, risking turmoil for Biden
https://abcnews.go.com/US/wireStory/mcc ... t-80059736
"Yellen has been using “extraordinary measures” to conserve cash. But once those measures and cash on hand are fully exhausted, the U.S. will have to rely on incoming receipts to pay its obligations, forcing the Treasury to delay or miss payments. Yellen has projected that moment will arrive sometime in October."
https://www.cnbc.com/2021/09/17/debt-ce ... tters.html
McConnell unmoved on debt limit, risking turmoil for Biden
https://abcnews.go.com/US/wireStory/mcc ... t-80059736
"Yellen has been using “extraordinary measures” to conserve cash. But once those measures and cash on hand are fully exhausted, the U.S. will have to rely on incoming receipts to pay its obligations, forcing the Treasury to delay or miss payments. Yellen has projected that moment will arrive sometime in October."
- stilljammi
- Posts: 181
- Joined: Sun Dec 01, 2019 3:59 pm
Re: Government Shutdown?
Does everyone have amnesia about the shutdown that happened in 2019? Oh I guess that one didn't count because a certain political party was in power. Don't give me that partial shutdown nonsense. The blue flu in Atlanta ended up forcing their hand. Turns out 6 weeks without pay and forcing people to work for an unfunded political promise is not a good strategy. I predict another blue flu.
If they want to pull this nonsense again and mess around with the debt ceiling, the president should resolve it. Resolve the shutdown like the last one by declaring a state of emergency and divert funds. For the debt ceiling, mint a trillion dollar coin.
If they want to pull this nonsense again and mess around with the debt ceiling, the president should resolve it. Resolve the shutdown like the last one by declaring a state of emergency and divert funds. For the debt ceiling, mint a trillion dollar coin.
Re: Government Shutdown?
Another shutdown?
Cool, let me start planning my next Disney vacation then. Worked like a charm last time.
Isn't fed life grand? Thanks taxpayers for funding our vacations, er i mean, administrative leave!
Cool, let me start planning my next Disney vacation then. Worked like a charm last time.
Isn't fed life grand? Thanks taxpayers for funding our vacations, er i mean, administrative leave!
Re: Government Shutdown?
stilljammi,
I understand the frustration, but let's keep the political bashing to a minimum. This isn't Twitter or Facebook.
I understand the frustration, but let's keep the political bashing to a minimum. This isn't Twitter or Facebook.
Seasonal Musings 2022: viewtopic.php?f=14&t=19005
Recommended Reading: http://tspcenter.com/forums/viewtopic.php?f=14&t=13474
"It's not what happens to you, but how you react to it that matters" Epictetus
Recommended Reading: http://tspcenter.com/forums/viewtopic.php?f=14&t=13474
"It's not what happens to you, but how you react to it that matters" Epictetus
Re: Government Shutdown?
2019 Shut down didn't impact me so I'm not even sure what stilljammi is referring to. I'm more concerned about the debt limit and how that would impact retirees (If it does) and the economy in general
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- Posts: 42
- Joined: Fri Sep 21, 2012 9:02 pm
Re: Government Shutdown?
For some, it was quite bad. The last shutdown was not a "vacation" for those in the federal workforce that could not pay their bills. Many feds had to resort to feeding their families from food pantries...
https://www.theguardian.com/us-news/201 ... food-banks
My family was financially secure but I still took a loan out where Navy Federal replaced my paycheck for the duration of the shutdown so I could preserve our cash reserves. I am fully aware that not everyone had that luxury.
https://www.theguardian.com/us-news/201 ... food-banks
My family was financially secure but I still took a loan out where Navy Federal replaced my paycheck for the duration of the shutdown so I could preserve our cash reserves. I am fully aware that not everyone had that luxury.
Re: Government Shutdown?
Wow- thats really cool Navy Federal did that for you. I wonder if USAA did something simular. I have a real love/ hate relationship with USAA.
Operation Iraqi Freedom Veteran
Disclaimer: The contents of this thread are known to the state of California to cause cancer. (As they always seem to know more than the rest of us)
Disclaimer: The contents of this thread are known to the state of California to cause cancer. (As they always seem to know more than the rest of us)
Fund Prices2024-03-27
Fund | Price | Day | YTD |
G | $18.14 | 0.01% | 1.00% |
F | $19.09 | 0.26% | -0.68% |
C | $82.11 | 0.87% | 10.42% |
S | $82.19 | 1.48% | 6.61% |
I | $42.68 | 0.56% | 6.21% |
L2065 | $16.38 | 0.84% | 8.36% |
L2060 | $16.38 | 0.84% | 8.36% |
L2055 | $16.39 | 0.84% | 8.36% |
L2050 | $32.73 | 0.71% | 6.94% |
L2045 | $14.91 | 0.67% | 6.56% |
L2040 | $54.37 | 0.63% | 6.20% |
L2035 | $14.34 | 0.58% | 5.77% |
L2030 | $47.66 | 0.53% | 5.35% |
L2025 | $13.14 | 0.31% | 3.40% |
Linc | $25.60 | 0.24% | 2.79% |