Elderly in trouble making ends meet

[antigop]

http://www.cleveland.com/news/plaindealer/index.ssf?/base/news/1183538423129510.xml&coll=2

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Seniors are in financial distress for many reasons: the exploding cost of health care - including prescription drugs - that either drains savings or is diverted to credit cards; necessities like food bought on credit; unrealistic expectations about how much retirement income Social Security would provide; attempts to help adult children struggling financially themselves; and the death of a spouse.

The elderly often become dependent on credit cards by accepting offers that arrive in the mail and then charging the limit. They are helpless as interest rates rise and balances balloon, officials said.
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As Michael Moore has asked, "WHO ARE WE?????"

[liberal N proud]

1. I can testify to that fact

I was visiting my parents this last week. My dad mentioned several times how it is getting tougher for them to pay the bills.
My parents retired with excellent retirement benefits, health care fully covered including drugs and a decent pension.
But that has all changed now with medicare and the "non" inflation that has zapped everyones budgets.

[shain from kane]

2. Real estate taxes are out of control. Check the math --- it can easily take several months of social

security benefits.