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.
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.
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.
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.