Print 47 comment(s) - last by Ammohunt.. on Apr 29 at 3:33 PM













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RE: $
By Kurz on 4/26/2010 10:48:57 AM , Rating: 2
>.> inflation is a major cause.
The dollar lost 97% of its value since the inception of the Federal Reserve.

Just because you made .10 an hour doesn't mean you are poor.
You have to look at the difference between the costs.

In New York many people makes 6 figures.
They still have trouble making rent and mortage since the costs are so high in that city.

RE: $
By JediJeb on 4/26/2010 2:37:25 PM , Rating: 2
Exactly! In 1972 my father made $8k per year and we had a house, he paid cash for a new car ( only cost $3k), plenty of food, TV, Phone, Electricity, Water, Heating and many other things, enough to be considered lower middle class. Even with those conditions by 1980 he had $40k in the bank in savings. Now days how much would you need to make to be making yearly over twice as much as a new car would cost? To save $40k in eight years? And to live comfortably? Didn't even need much insurance back then because a trip to the Dr. could be paid for out of pocket even for poor people, and even a hospital stay would bankrupt most people. But ever since Medicare started in the late 60's the cost had been rising exponentially.

Get the government out of health care, and make malpractice a criminal instead of civil offense and you will see the cost come back down to a reasonable level. Without government subsidies in health care ( medicare/medicaid ect) and insurance companies covering huge overcharges the system would provide care at a competitive price or go out of business.

