Personal bankruptcy filings by people 55 and older are growing faster than those by any other age group, in part because of rising mortgage debt and medical expenses among seniors, a study published yesterday concludes.
Wasn’t health care a major issue during the election process of the last presidency?
“When it comes to health care, Senator Kerry’s prescription is bigger government with higher costs,” Bush said. “My reforms will lower costs and give more control and choices to the American people.”
I don’t know if people have now more choices or not, but two things are plain as the nose on your face: Cost have risen (why else would people get bankrupt?) and some of the choices offered have been very troublesome—especially for the elderly.
With the baby boomers starting to approach the age group of 55 and older—this seems like another disaster to happen.
Is the Iraq war that much more important that politicians forget about everything else?
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