I don’t disagree with you on looking after the elderly. We should be doing that in good times as well as bad.
I refuse to use the phrase Fixed Income. It’s most likely something the government came up with. Isn’t anyone working for a paycheck on a fixed income? Excluding corporate executives & maybe salespeople. Higher ups in corporate usually get multiple bonuses a year.
Even the elderly on SS, Medicare or Medicaid get raises every few years.
A side note, USA is disgraceful when it comes to elderly care! Most cultures take care or have the elderly living with them when they can’t care of themselves. It’s just a part of life in most ancient cultures.
In Ohio, the SNAP program (suppl nutrition asst program) has been giving 'bonus' food doobies in addition to the regular allotment over the past 2 years. I'd be worried more about their ability to cover rent and utilities in the peaks of winter/summer than I am about their ability to afford food.
Fixed income refers to people too unhealthy to work and have no ability to earn. I'm collecting SS but also working, so not fixed income, but eventually will be unable to work.
The sad part is that the cost of living increases those on SS receive are taken away by a simultaneous increase in their Medicare premiums. So in essence, there really is not much of an increase in actual spendable cash for them - it just looks that way on paper.
I don’t disagree with you on looking after the elderly. We should be doing that in good times as well as bad. I refuse to use the phrase Fixed Income. It’s most likely something the government came up with. Isn’t anyone working for a paycheck on a fixed income? Excluding corporate executives & maybe salespeople. Higher ups in corporate usually get multiple bonuses a year. Even the elderly on SS, Medicare or Medicaid get raises every few years. A side note, USA is disgraceful when it comes to elderly care! Most cultures take care or have the elderly living with them when they can’t care of themselves. It’s just a part of life in most ancient cultures.
In Ohio, the SNAP program (suppl nutrition asst program) has been giving 'bonus' food doobies in addition to the regular allotment over the past 2 years. I'd be worried more about their ability to cover rent and utilities in the peaks of winter/summer than I am about their ability to afford food.
Fixed income refers to people too unhealthy to work and have no ability to earn. I'm collecting SS but also working, so not fixed income, but eventually will be unable to work.
The sad part is that the cost of living increases those on SS receive are taken away by a simultaneous increase in their Medicare premiums. So in essence, there really is not much of an increase in actual spendable cash for them - it just looks that way on paper.