The overall economy has not grown does not mean that the areas that seniors pay the most for is flat.
Health care. Co pays for seniors are not expected to stabilize until 2014. Care centers or caring for seniors at home was not included in the health care bill. Those continue in price as the supply and demand slips further from each other.
Food. Our bill has gone up about $25 a month in the last four months. Not much, but we are very stable on what we purchase. We are also noting that coupons are not as good for the things we actually need. Produce is on the rise and corn is supposed to top out this year. Con Agra just announced that they will be sending on between 5-15% increase in all of their commodities. Staples are going crazy. Add to that the taxes in the area rising to pay for the overspending of the previous ten years.
Gasoline. I live in a rural area. It is far less to live here than in the city, but a major drawback is that one has to drive to get to the store. Cost of gas continues to rise. I am betting we will see $3.00 a gallon again by the end of the year. We don't use much gas, but it is in the budget.
Electric. One of the small electric co ops in the area was just purchased by a large conglomerate. They have informed the towns to expect their electric bills to double beginning November 1st. I am wondering how long it will be before all of the rural electrics are sold off. BTW- this deal was put in place under the Bush administration.
Big deal- housing has gone down. Has no one noticed that this issue does not affect most senior citizens? Rents have not changed for the smaller places. If you own your home- there is no difference.
This doesn't effect me much. Just like health care- I am covered. We have saved carefully. We have done the math and with our land we should be fine. My mother has saved as well. My husband's parents have passed. My son is well educated and my daughter's family can always farm.
Why should it matter to you? Most of the people who read this are Christians. Christians care for the poor. Many of you live in places where a Social Security check is the only income- whether you agree with that or not.
Is should matter. My question is - why doesn't it?