Here’s a reality check…
Inflation and the cost of everything is up.
Real wages are down. Is it any wonder that labor unions are on the rise?
Child poverty rate is up
Credit card debt and defaults are at record levels. Many people use their credit card when they run out of cash.
Inflation is clearly not under control. Gasoline in Los Angeles rose 20 cents a gallon since the beginning of September. My oatmeal now at the same price but a smaller amount in the package.
Medicare trustees say the Part A program will begin running deficits again in 2025, drawing down the trust fund until it depleted in 2031. Part A covers inpatient hospital stays, care in a skilled nursing facility, hospice care, and some home health care.
The combined Social Security trust funds – which help support payouts for the elderly, survivors and disabled – are projected to be unable to pay out full benefits in 2034.
There has been no legislation to save Social Security and Medicare.
Neither the Democratic Party nor the Republican Party have proposed any legislation to address these issues. Instead the Democrats focus on climate change and abortion rights while the Republicans focus on protection against LGBTQ people, illegal immigration, and enabling everyone to own a gun. None of those issues, while important, effect many Americans.
The fact is that the rich get richer and the rest of us are still confronted with a minimum wage that has not changed since July 24, 2009. That is $7.25 per hour. There is no national health insurance plan. Going to jail ensures that you will have a roof over your head, food to eat and health care.
What a great country!
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