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On Friday, -800,000 federal workers will miss their second paychecks of the year as they wait for the longest shutdown in history to end.
And the worst part is, nearly 80% of Americans are already living paycheck to paycheck.
Now, as traders – we have the luxury of making money in any environment. So our next “paychecks” are always right around the corner.
But that’s not the case for everyone…
And that’s exactly why I want to do something a little different today – and I’m going to need your help…
I’m not here to talk you about which side of the aisle you agree with in Washington. The fact is – no one, no one likes to see people out of work.
In fact, when this shutdown first started on December 22, smack dab in the middle of the holidays, I (like so many people out there), thought it would end by New Year’s, at the latest. I’m sure federal employees thought (and hoped) so, too…
But fast forward more than a month later, and we’re really starting to see the effects…
Not only are the hundreds of thousands of furloughed workers facing another pay period without pay, the contractors who supply them goods and services are also left hanging. And whether they’re talking about in the mainstream news or not, we’re also starting to see adverse effects for traders and investors alike.
Now I could continue playing connect-the-dots of all the ways in which this shutdown is affecting the country, but I want to focus on the workers without pay right now…
I recently went through the Hartsfield-Jackson Atlanta International Airport, where TSA employees (as I’m sure you’ve seen) are working without pay right now. Talk about adding insult to injury. And while I was in line at the Shake Shack (yes, a terminal there actually has one) I noticed a TSA employee standing behind me in line.
So I asked him if the shutdown was affecting him, to which he replied “yes” – with a few expletives. I told him that I hoped the politicians resolved their differences quickly, so he could start getting paid again, but I wanted to do something more… While ordering my food, I quietly gave the cashier a $20 and asked her to cover the his meal, too.
Now even though I felt good about at least contributing toward his food for the day, I know that he’s one of thousands whose lives are hanging in limbo.
And that’s where you come in…
So in the Comments Section below, share your story – and what you’ve done to help those in need.
And we’ll talk about the next steps we can take together soon…
I look forward to hearing from you,
Tom