Every day the news broadcasts are filled with doom and gloom about our current government shutdown. How can we possibly go on with a whole 17% of the government not operating.
First, some facts as I understand them. Congress has already voted to retroactively pay government employees once the shut down concludes. If you're a government employee, this simply means that you'll have to wait a while to get your paycheck and you may be enjoying some time off. If you're not a government employee but your work has been halted or impeded by the shutdown, your near term future doesn't look quite as rosy - hope you planned ahead.
Now, let's talk about what I mean by planning ahead. If you are a government employee, you have to know that a shutdown or furlough is always possible. (Keep in mind that school teachers face several days of furlough every year and yet they are expected to produce the same results in fewer days.) You should keep this in mind when you save and stock your pantry. There have been 17 government shutdowns thus far and another one is going to happen some day. Put aside a little extra cash from every paycheck, buy an extra item at the grocery store every week that stores long term. Don't make some excuse that you can't afford to stock up or that you don't have room. You do and you can make it happen if it's important to you. An extra $1 a week buys a bag of dried beans or a pound of rice. Together these can make a tasty and healthy meal. Even if you rely on the federal government to supplement your food supplies, we all need to take responsibility for ourselves. September 30 ends the federal fiscal year - every year! Plan with that in mind.
Don't plan a vacation to a national park or a visit to the DC area about that time. Check to see when your state ends its fiscal year to avoid any unnecessary problems with those sites as well. It's a foreseeable risk.
And finally, think about this. If a 17% reduction in government spending can cause this much distress, maybe we all depend on the federal government too much. What if it was a 50% reduction? Or the government ceased to exist at all? Would we all starve? No, we'd adapt and make the best of our situation just as generations before us did. We - as a nation - have become too dependent on others instead of depending ourselves. If we continue to borrow without consideration of the outcome, we could be faced with the real possibility that our government may not be able to help us.
If your household had maxed out all the credit cards and needed more cash, would you take out another credit card or buckle down and cut your spending to get it under control? Your choice could decide your future. Lets get our fiscal house in order!