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Ex-President George HW Bush has died. I liked him and thought he was a good President and American.
But because he died the taxpayers will be forced to pay millions of Federal Workers who will now have the day off. They will sit at home and I doubt any of them will do much mourning about President Bush. They will have a paid day of leisure because someone died. Most government contractors who work at US Government Buildings, on the other hand, will be forced to sit home and take a vacation day because they will not be able to go into work.
The New York Stock Exchange will also close which will cost potentially billions in investment trading fees and investment returns. The people who work at the NY Exchange will either be given a paid holiday or forced to take a vacation day.
I liked President Bush but something about this seems inefficient and expensive in the modern world. Your thoughts.
I don't think all the federal offices and jobs will be shut down for a day. They weren't closed when other former presidents died, so I doubt it will happen now. The flags will be lowered to half-staff in remembrance, and there may be a moment of silence, but it will be a working day for them all.
Private contractors can do as they wish, as they don't have to follow the same labor rules as the government workers.
The Stock Market has always closed to honor a deceased president. It's one of their traditions. It doesn't cost stockholders anything, as trading is suspended and frozen for 24 hours. The same suspension happens every Saturday and Sunday and on all national holidays. The stock prices just stay where they are until trading resumes.
We don't have very many traditions in comparison to most other nations, but one of them is honoring a deceased president. Since they are so few- we haven't even had 50 presidents serve yet in our history- the costs are very infrequent and minimal in comparison to other closures.
Ex-President George HW Bush has died. I liked him and thought he was a good President and American.
But because he died the taxpayers will be forced to pay millions of Federal Workers who will now have the day off. They will sit at home and I doubt any of them will do much mourning about President Bush. They will have a paid day of leisure because someone died. Most government contractors who work at US Government Buildings, on the other hand, will be forced to sit home and take a vacation day because they will not be able to go into work.
The New York Stock Exchange will also close which will cost potentially billions in investment trading fees and investment returns. The people who work at the NY Exchange will either be given a paid holiday or forced to take a vacation day.
I liked President Bush but something about this seems inefficient and expensive in the modern world. Your thoughts.
Talk to the old folks or ones on their death bed.
Ask them if they regret not spending more time at work.
When the Queen of England dies. London stock exchange William shutdown for an whole entire week.
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