The LuLac edition #2267, November 18th, 2012
THE 98% AND “FIXED INCOMES”
I am really get sick and tired of senior citizens, (and if God spares me I hope to be one someday) telling anyone who would listen that “They are on fixed incomes”. When a TV reporter interviews them about a tax increase, they’ll say "I’m on a fixed income"
You know what Mr. and Mrs. Senior, we’re all on a fixed income. Most people in the middle class have lost income since 1997.
People with young families are on fixed incomes with money allocated for school, supplies and raising the children. Sure there are deductions but the money and budgets have to be met every month. Fixed income.
People in the military have to maintain communications with their families. They have to budget their money while worrying about whether they are going to be in harm’s way. Just because people come up to them at airports and thank them for their service, no one is paying their bills. Fixed income.
People with kids in college have to make that tuition payment every semester. Sure there is help with grants and scholarships but the cost of college is a far cry from what I paid thirty five years ago. Some families have to take loans, mortgage houses again and still live their live meeting their obligations. Fixed income.
People with health care issues, yes those with insurance have to allocate a certain amount of money for drugs, medicines, co pays and procedures without the benefit of Medicare or a supplemental plan. Insurance costs have gone up but the bills are still due to those who pay for health care. Which is everybody. Fixed income.
Even business people who start their own companies have built in costs before they can even make a profit. If they have employees dependent on therm, they usually take care of them first. Then the vendors, then the taxes. Fixed income.
Most everyone is on a fixed income. Not just seniors. So next time you see a TV report about how higher taxes in a city or municipality is going to affect those on fixed incomes, remember it just isn’t the Seniors. It is nearly all of us.