‘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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The Fed Is Losing the Battle Against Inflation

Title: The Fed Is Losing the Battle Against Inflation

Article Snip: "...uptick in the U.S. inflation rate in July, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), a 3.2% rate of inflation is far and away a major improvement from the 9.1% inflation rate reported in June 2022. ...However, a report issued in June from technology-driven real estate company Redfin found that 91.8% of all homeowners have a mortgage rate that's below 6%. Approximately 62% are locked in at a rate below 4%. There's absolutely no financial incentive for these homeowners to give up their historically low mortgage rate for a new home with a 7% 30-year fixed-rate loan. This is why there's a major shortage of new listings for existing homes. "

Reference: www.fool.com
Inflation Destroying FERS Retirees,Biden/Harris Inflation,Inflation is destroying Social Security recipients,

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Are Social Security Recipients Being Cheated Out of Nearly $5,000?

Title: Are Social Security Recipients Being Cheated Out of Nearly $5,000?

Article Snip: "...Social Security benefits are not keeping up with inflation. ...despite the massive COLA raise in 2022, retired workers will keep losing out due to the decline of purchasing power in today's red-hot high inflationary environment. “To put it in perspective, for every $100 worth of groceries a retiree could afford in 2000, they can only buy $68 worth today,” Mary Johnson, the Social Security policy analyst for The Senior Citizens League (TSCL), said in a statement..."

Reference: nationalinterest.org