Quote:
Originally Posted by Bjorn_Tasty1
"The 150 residents of Dogwood Village include former teachers, farmers, doctors, lawyers, stay-at-home parents and health aides ? a cross section of this rural county a half-hour northeast of Charlottesville. Many entered old age solidly middle class but turned to Medicaid, which was once thought of as a government program exclusively for the poor, after exhausting their insurance and assets."
So they lost their savings during the Obama period and now want the republicans to take care of them.
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The low interest rates are having huge negative effect on the income of pensionners .
I invested 600K in real estate, because my return is about 12% ( not necessarely cash tough - paying capital )
If I left that money in secure investment , I would get about 8000.00 a year return ... hardly enough to live on.
10 years ago, that same 600K would bring back 40 to 45K yearly ....
So situation under Obama did get worse ( nothing related to him ) and now will gett way worse as the safdety net is removed by Trump .
PS: you will be old one day ....