What would happen if you didn’t receive your next paycheck? How long would it be before the fridge was empty and bill collectors came knocking at your door?
Those were questions that 800,000 federal employees had to deal with in the United States last week as the U.S. Congress instituted a partial government shutdown. People in national parks, museums, visitor centres and agencies like NASA and the Environmental Protection agency were told to shut their doors.
With Congress in a dispute over President Barack Obama’s health care law, it stalled a temporary funding bill and forced the employees off the job and suspending most non-essential federal programs and services.
These everyday working class people (for the most part) suddenly found themselves — in some cases portrayed in the media — wondering how they would get through if the shutdown lasted.
It should serve as a wake-up call for all of us that these are troubled economic times. We might not be feeling it to the extent our America neighbours are dealing with, but it is something that should remind us all of the importance of having an emergency fund.
It is recommended by financial advisors that we all have enough in savings to get us and our families through up to three months without a source of income. Sounds good in theory. It leaves one to wonder through about the reality of such a savings account even being a remote possibility when many people are living from paycheck to paycheck.
It’s food for thought — if you can afford it.
Round of applause
It’s so nice to cover those “feel good” stories and one of those happens to appear this week on the front page of the Pilot.
The Norris Arm Boys and Girls Club received a sizeable amount of funding from the Provincial coffers. The Pilot is often invited to the club to report on donations or grants the club receives, or different programs and events they have for the club members. These members not only come from Norris Arm. Many youth will make the trip from Lewisporte or Grand Falls-Windsor to take part in the free programming.
The support the club receives, not only from government but also from business and individual donors, is reflective of the successful programs they offer. There programs don’t happen without the army of volunteers who also invest so much of themselves into the club.
As they prepare to celebrate their 25th anniversary in 2014 the Pilot wishes them every success and we look forward to featuring your continued success in the pages of your community newspaper.
- Karen Wells