Forum Discussion
JRscooby
Nov 18, 2019Explorer II
time2roll wrote:
SS was never intended to provide a living pension. Just a supplement to personal resources.
Going to get much worse before it improves.
SS was to reduce the strain on working age by helping them support the older generation. Also it was to move older out of the work force, so younger men could have jobs.
At one time, a family would have many kids, with hope enough would live long to support them in old age. The extra young that survived to maturity moved west, but the well-being of the old was directly the responsibility of the family that stayed on the home farm.
As the economy turned to manufacturing, the extra babies that lived to maturity moved to cities, and as they got old, did not have the farm work to pass to their kids. Unions demanded that as part of compensation was the promise if you work for us so many years we will support you for the rest of your life. But unlike most of the farm kids of the past manufacturers did not keep the promise.
Now we are in a totally irrational situation where we expect everybody to save for their own retirement while at the same time not expecting the employers to pay enough for a worker to support their kids...
colliehauler wrote:Roy&Lynne wrote:Usually older people benefit the most out of skyrocketing home prices. Homes they paid a very reasonable price are worth a fortune now giving them a healthy retirement when they sell. I know several people who retired from California and sold their home for a fortune and moved to the midwest and can live very well on the profits. Not unique to that area Jackson Hole, Aspen and several other towns where money moved in and long time residents displaced.
Ten years ago you could rent an apartment in my home town for 550 a month, now that same apartment costs 950 to 1000 a month, but wages have hardly budged. My elderly neighbors husband died and and she gets 780 a month from SS. Does anyone know where she can rent an apartment? Personally I think the problem might not be poor people who really need a place to live but our society who can't be bothered to take care of our poor.
Do you see a problem with that idea? Yes, a older person can sell the home they have lived in for years, get a large windfall. But then is homeless, or running up the price in another area for another family.
Unlike the immigration problem, I have no solutions for the homeless problem. If we wanted to solve the illegal immigration issue it could be done in a month with no change in laws and less than a million dollars.
About RV Tips & Tricks
Looking for advice before your next adventure? Look no further.25,101 PostsLatest Activity: Jan 14, 2025