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In reply to the discussion: Now do you understand why so many of us termed our vote as being for the lesser of two evils? [View all]JDPriestly
(57,936 posts)Will you need nursing home care?
That's where the rub is. When elderly people can no longer care for themselves, they are moved into nursing homes. The Nursing Home charges a certain amount each month. A few years ago a friend of ours was moved into a home that charged several thousand dollars a month -- more than Social Security pays out each month. They sold her home. The nursing home took her entire estate and then all her Social Security and I suppose in the end applied for Medicaid for her.
It is not a question of $13.00 a month. Several sources have stated that by the time we are in our 80s, we will receive $1000 less per year if the COLA is changed.
That means that many more of us will be less able to pay for the small things, like someone to come in once a month and help us clean our homes. More of us will be shipped out to nursing homes.
Changing the COLA on Social Security will be detrimental to elderly people. And the sneakiest part of it is that we won't notice it for years to com. It will make nursing homes even worse than they now are.
And cutting the COLA now will set a precedent. If we allow this cut to Social Security, then in the future, Social Security will become the whipping boy of the Republicans. They hate the program, and they will destroy it.
We have to draw the line at Social Security.
I seriously doubt that we will see another Democratic president if Obama caves on Social Security. The Republicans know that and that is why they want to cut the program.