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To: detective

Living paycheck to paycheck, or retirement check to retirement check, budgeting every expenditure, might have something to do with it. Crummy to no interest rates in savings and CD’s is a blow to savers, who are punished. No COLA during three years of Obama’s presidency for federal and posted retirees and SS recipients while the government showers welfare on illegal immigrants and brings in Syrian refugees might engender feelings of unfairness among good American citizens of any age. The horror show will continue with a Clinton presidency.


4 posted on 04/26/2016 11:05:07 AM PDT by Ciexyz ("You know who gets hurt? The people who worked hard, lived frugally, and saved their money."- Trump)
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To: Ciexyz
All that is true. Those interest rates on savings started nosediving 16 years ago, when GWB took office. (a "temporary" solution). It took a few years after the last high-interest CDs were issued before the possibility to prepare economically for the future disappeared.

There's another factor that's impacting health care for people who are still considered to be self-sufficient. They're being squeezed by their insurance premiums. But if they want to use their insurance? Deductibles often discourage them from getting the care they need. Besides that, the tail wags the dog. The care they get is determined by what the insurance company will cover.

This is anecdotal. I had a shoulder injury six months ago, and paid for my Physical Therapy. (no Medicare Part B). Both of those factors, deductibles keeping people from completing PT and only covered things being offered, were a total frustration for the PTs. I would assume this has become standard practice with health care.

What's the solution? Don't get sick. Don't spend money on unnecessary stuff. Don't get in debt. Hope for a better future for all of us.

24 posted on 04/26/2016 12:25:42 PM PDT by grania
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