If you’re an investor (and anyone with a 401k plan is), you’ve heard of the “Lost Decade”- The first ten years of this century where investing in the DJIA or S&P 500 produced little or no returns. Recent media reports value the Government Shutdown’s lost productivity at
upwards of $24 Billion, but I think it’s going to be more- Here’s why you’re about to see the “Lost Quarter” ( remember, you read it here first on GubMints.com). Continue reading
I’ve mentioned here before that mass transit is a great way to
save money on your monthly budget, and a good way to trim expenses during present and future furloughs.
I recently contacted my local region’s Transportation Incentive Program (TIP) coordinator to update my status.
To my pleasant surprise, the program (at least for DON employees) has gone all electronic. No more MS-Word or paper forms to fill out:
I don’t comment too much about current events, but during the last week I found some of SECDEF’s comments about Sequestration (the ‘Budget Control Act’) to be rather encouraging.
Encouraging, you say, GubMints? I read nothing but doom and gloom.
Some see a lot of sourness in the announcement that
Furloughs are here to stay for FY13, and that Furloughs and Reductions in Force (RIFs) are a part of DoD’s future, but I find it refreshing that someone at the top (SECDEF) is willing to face reality and start looking at areas to cut. Continue reading
Furloughs are a bummer, but at least you don’t have this job!
Hope you all had a great weekend. I finally tuned back in to the news and was amused
to find the facebook page “ How I Spent My Furlough Day“.
It’s good gouge for us DoD employees- Most of whom will be hit with their first furlough
this coming Friday.
There’s lots of amusing and inspiring stuff on the page, including one poster who called up her phone/cable companies trying to trim some fat from the monthly budget (
I’ve mentioned ways to cut your monthly expenses here before, and for those of you who have just recently arrived at the Gubmints party, be sure to take a look at my Comprehensive Furlough Survival Guide). Continue reading