that was from Obama’s website.
Below is from democracynow.org, Jan. 2012 interview.
This man made a choice not to buy insurance for his wife.
JOE SOPTIC: The 401(k), well, I don’t think our 401(k) was affected. Our retirement was affected. When they went—when we had the—when we got the bankruptcy deal, I lost $400 off of my retirement, because the pension fund was underfunded.
AMY GOODMAN: Every month.
JOE SOPTIC: Yes, every month.
AMY GOODMAN: You lost $400. And what happened to your family?
JOE SOPTIC: Yeah. Well, basically, what happened, my wife had to quit working, and we didn’t have any health insurance on her. I went to work for a suburban school district, so I had health insurance, but I had to start out at substantially less money. I went from about $59,000 a year down to $24,800 a year. And I couldn’t afford health insurance on her. And she became ill, and we discovered that she had cancer. And, you know, we had no health insurance. So, the only recourse that I had was we took her to a county hospital. And unfortunately, she passed away from the cancer. And when she did, I had this big bill. And the only way that—the county had agreed that they would cover the bill, but I had to liquidate all of my 401(k)s. So I lost my 401(k)s.
Wow. Why did his wife have to quit working?