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KelleyKramer

(8,969 posts)
Sat Jan 12, 2019, 07:11 AM Jan 2019

Federal workers are missing out on $1.4 billion in wages per week due to shutdown


Government Workers Now Crowdfunding and Getting Financial Advice on Reddit


https://slate.com/news-and-politics/2019/01/government-shutdown-furloughed-workers-crowdfund-reddit-advice.html

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The current partial government shutdown is set to become the longest in history on Saturday when it reaches 22 days. As the shutdown continues, more than 800,000 federal employees have been furloughed or expected to work without pay. As a group, these employees are missing out on approximately $1.4 billion in salary per week. People currently working are likely to be compensated when the shutdown ends, but furloughed workers will probably never have the chance to make up the lost wages.

A bevy of reports have come out over the last three weeks documenting the toll the impasse in Washington has had on government workers’ personal finances and the contingency measures they’ve had to resort to. This week, the Washington Post reported that the Coast Guard Support Program was advising employees in a tip sheet to “consider holding a garage sale, babysitting, dog-walking or serving as a ‘mystery shopper.’ ” The program also suggested that furloughed workers talk to creditors and look into tutoring on the side. The Coast Guard revoked the tip sheet after the Post’s report, commenting that it does not “reflect the Coast Guard’s current efforts to support our workforce during this lapse in appropriations.”


Workers have become increasingly desperate in making ends meet, especially those who are living paycheck to paycheck. The Guardian reports that there are now approximately 1,000 GoFundMe fundraisers to help government employees with basic expenses like rent, food, insurance, and utilities. “Never in a million years would I have ever dreamed that I’d be turning to GoFundMe asking for help, because in all honesty, I’ve always felt there was probably someone else who could use the help more than my family,” one GoFundMe user wrote. “The truth is that even without the presence of a shutdown, my family still struggles, but I’m usually able to make things work out, because that’s what single moms do, we make things work out.” While this particular user has raised more than $5,000, the Guardian reports that the fundraisers have generally managed to raise an average of $100 each, or about $100,000 in total.

Another online resource that furloughed workers have been tapping is Reddit. The subreddit r/personalfinance is now host to a “2018-19 U.S. Federal Government Shutdown Megathread” in order to consolidate the numerous entries on the topic that have been posted in the last three weeks. Users have been advising furloughed employees on how to deal with certain banks, take out loans, find temporary gig economy jobs, and ask for extensions on payments. The forum has been particularly helpful for people who face somewhat unusual conundrums in the face of the shutdown, for which general advice may not be applicable. For example, one government employee posted that the shutdown came right as he was set to make an offer on his first house. Another user said her father is a government employee who lives with her but is unable to pay rent while—but still has to attend to his job. An employee at a mortgage servicer informed Redditors that the company is willing to prolong a loan, but only if a customer asks.


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Federal workers are missing out on $1.4 billion in wages per week due to shutdown (Original Post) KelleyKramer Jan 2019 OP
That means $1.4 billion is disappearing from the economy each week. Beartracks Jan 2019 #1
How much more can we stand before the entire economy is sunk for the next year? allgood33 Jan 2019 #2

Beartracks

(12,816 posts)
1. That means $1.4 billion is disappearing from the economy each week.
Sat Jan 12, 2019, 07:24 AM
Jan 2019

Republicans like to pretend that the paychecks of Federal workers somehow go into a black hole, and that the Federal workforce doesn't pay taxes like private sector workers. Because Republicans want to keep their supporters in the dark about such otherwise obvious facts.

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allgood33

(1,584 posts)
2. How much more can we stand before the entire economy is sunk for the next year?
Sat Jan 12, 2019, 07:30 AM
Jan 2019

Most people do not realize how important the Federal government is to our economy. It's not private business that holds this economy up. In one way or another, the Federal government through contracts, grants, subsidies, and assistance enables it all to work together. People are about to find out.

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