Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics
Shrewd'm.com Merry shrewd investors
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics

Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (2) |
Post New
Author: LurkerMom   😊 😞
Number: of 48507 
Subject: Boomers Sliding Into Homelessness
Date: 09/12/2023 4:25 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 3
'Baby Boomers Are Sliding Into Homelessness'
Snip
'High housing costs'a major factor in all homelessness'are especially hard for seniors living on Social Security who are no longer working. Low-cost assisted living centers, never built in adequate numbers to handle the larger baby-boom generation, have been closing amid staffing shortages and financial troubles, and society's dispersal of families means less support for older people.'

https://www.wsj.com/economy/housing/why-more-baby-...

Biden'sAmerica
Print the post


Author: onepoorguy 🐝  😊 😞
Number: of 48507 
Subject: Re: Boomers Sliding Into Homelessness
Date: 09/12/2023 5:21 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 2
I can't see the article. Does it specify that these AL facilities are government?

1poormom was in AL. They always had issues finding enough staff. It's not a popular career.

It sounds like you're saying the government should be doing more, correct? Which, of course, will mean more taxes on the younger generations.

I'm pretty sure this has been building for a long time. Long before Biden. I remember reading about the baby boomer "bomb" thirty or more years ago. A surge of old people being supported but a less numerous younger generation (because baby boomers controlled the number of kids they had). We knew this was coming. Maybe if we had more immigrants to take care of the elders...
Print the post


Post New
Unthreaded | Threaded | Whole Thread (2) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds