Much is being said about the middle class dropping off the charts into the lower class. Are they right?
Well, consider this: If you were fortunate enough to have saved some money for your old age so that you wouldn’t burden your children with your possible care in the future, whoosh! Consider it a lost cause. All those things that you did without so that you could draw interest on your savings for your future needs are gone.
Four years ago, money in a savings account earned enough to keep your account growing so it would serve the purpose you started it for. Now, you’ll be lucky if the banks don’t start charging you to keep your money in their safe instead of at your home some place— their rationale being they would be better able to protect your money in their bank and the cost will be minor. Harrumph!
Ah, yes. Isn’t this a great country? One party keeps telling us the rich must pay more to support the poor people who can’t seem to get a job and earn enough to live the American dream. The middle class just about made it before we were told we will be taken care of, when our savings diminished, so not to worry. And, silly me, I thought the days of “the poor house,” where people who can’t make it on their own are kept, was in the past. It’s our future, folks, unless we turn our country around again. You had better think of all the possibilities and get out and VOTE!
Vivian C. Nelson
Long Beach
