The Income Gap Jeopardizing Retirement for Millions

Title: The Income Gap Jeopardizing Retirement for Millions

Article Snip: "...the inequities between the very bottom and the top of income distribution,” said Jack Chapel, the lead author of the study, an economist and doctoral candidate... “We wanted to look at the middle class, where people are struggling.”

Drawing on data from the national Health and Retirement Study between 1994 and 2018, the researchers found “a bifurcation” among Americans in their mid-50s, he said.

In effect, they now divide into two middle classes: the ..."

Reference: www.nytimes.com
Destruction of the Working Class,Destruction of Retirees,Destruction of Social Security,

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‘Unconscionable’: Baby boomers in America are becoming homeless at a rate ‘not seen since the Great Depression’

Title: ‘Unconscionable’: Baby boomers in America are becoming homeless at a rate ‘not seen since the Great Depression’

Article Snip: "...Many baby boomers across the country are now coming to terms with the hard reality that working for your entire adult life is no longer enough to guarantee you’ll have a roof over your head in your later years. ...the over-50 demographic represents half of the homeless single adults in the U.S. — with no sign of their numbers slowing, leaving baby boomers (those aged 57 to 75) particularly vulnerable. “Elderly homelessness has been rare within the contemporary homeless problem. We’ve always had very few people over 60 who’ve been homeless historically. ...older adults on fixed incomes are struggling to scrounge up what they need to cover basic necessities."

Reference: yahoo.com
Bidenomics,Inflation is destroying Social Security recipients,Destruction of Seniors,Destruction of the Working Class,

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Huntsville Alabama | A City Council That Is Attempting to Increase Water Rates by 35%

Title: Huntsville Utilities proposes 35% water rate increase

Article Snip: "Huntsville city council members held a first reading for a proposal allowing Huntsville Utilities to raise water rates by 35%..."

Reference:WAFF
Huntsville Alabama,Cities With High Utility Costs,Destruction of the Working Class,Huntsville City Council, Water Rates in Huntsville Alabama, High Cost Cities,Inflation 2023,Bidenomics,

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'Social Security And Medicare Cuts' | House GOP Says it Out Loud

Title: House GOP Says 'Social Security And Medicare Cuts' Out Loud

Article Snip: "..."This agenda is yet another reminder of who Republicans work for: Their Wall Street and Big Pharma donors," said Lawson. House Republicans are rolling out their agenda just weeks ahead of November midterm elections that will decide control of Congress next year. Politico reported Thursday that several Republican Senate candidates have openly advocated privatization of Social Security and Medicare on the campaign trail in recent weeks. "The privatization is hugely important..."

Reference: crooksandliars.com
Social Security Recipients Need Pay Increase Above Yearly COLA's, Destruction of Social Security, Destruction of the Working Class,social security,