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Ground stop at JFK due to staffing

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202 points akersten | 2 comments | 31 Oct 25 01:48 UTC | HN request time: 0.436s | source
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zermelo ◴[31 Oct 25 03:12 UTC] No.45767951[source]▶
To most of the commentators saying "why work when you're not getting paid", please correct me if I'm wrong, but aren't federal employees not paid during a government shutdown getting retroactive pay once funding has been restored?
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thetron ◴[31 Oct 25 03:16 UTC] No.45767979[source]▶
You can't buy food with an IOU from your employer.
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1. nocoiner ◴[31 Oct 25 03:33 UTC] No.45768107[source]▶
Sometimes you can. A decade or so ago when California ran out of money, they issued warrants to their payees, and lots of banks accepted those at face value.
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2. dragonwriter ◴[01 Nov 25 03:11 UTC] No.45778949[source]▶
Last time was July-August 2009 (and before that in 1992 and 1933.)

But those registered warrants aren’t abstract expectations of future payment, but debt instruments with a fixed interest rate when issued.