Change. Fundamental transformation. But no hope.
Odungoville
I know an insurance agent who went from doing well to welfare. I think when you’re close on money the first thing to go is insurance. My home insurance was going up in 20-25% chunks when I was laid off. I cancelled it as it was going to be $2,000 the following year. (That’s with the largest deductible.) I have only the minimum insurance on my cars. So, no fire, no theft, no storm coverage...How will that hurt people if they need it and don’t have it? Most would be wiped out.
I absolutely love my cat. But I think about how much she costs me and she hasn’t had her teeth cleaned since I was laid off. It went from $50, to $100, to $150 to $175. Then, the vet suggested I buy cat insurance and I’d only have to make the copayments. It cost what my first health plan cost in the 1970’s. I’m waiting for a law requiring me to have pet insurance. It already requires I have her vaccinated regularly. (She’s gone off-grid.)
I’m really not hurting for money yet as I owe nothing for anything. But I’m ripe for a disaster or lawsuit or accident as I’m not insured. My money problem is I don’t know when I will have another job. So, I must conserve.
Thank you Obama.
Amazing bad luck. How is it that socialism, the historically inevitable and scientifically perfect economic system, manages by some fluke of chance to produce this result every time it is tried? The far left extremists in DC are baffled.
The democrats must love the poor. They keep creating more and more of them.
Global wage arbitrage. Globalization. Automation. Illegal/Legal immigration, etc.
Look at the 92’ debates. Trade policies, national debt. They are still the issues.
Definition of “poverty”?
If you are a Democrat make-believe pig farmer, things have been pretty good.
I recently saw a graph that showed withholding taxes collected by the treasury for the past decade. It was one continuous drop.
Target recently announced they will be hiring 20% less part time workers for the holidays. The middle class is almost completely gone.