Know what else is skyrocketing? Homelessness. Debt. Both parents having to work to pay the bills.
Those things get forgotten in all the great economy and low unemployment talk.
But the extremely wealthy are certainly doing better than ever.
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Going back to this post, I read this morning that there are 44 million people who have student loan debt totaling 1.5 trillion dollars.
Oh and then theres this:
https://money.yahoo.com/health-care...muwspyvpwc7odehx&_guc_consent_skip=1576935336
Health care costs keep going up, with no ceiling in sight. The latest 2018
national health expenditure data from the Centers for Medicare and Medicaid Services (CMS) found that total national health care spending grew 4.6% last year, reaching $3.6 trillion in 2018.
And the trend is having an effect on everyday Americans. According to a
recent Gallup poll, “a record 25% of Americans say they or a family member put off treatment for a serious medical condition in the past year because of the cost, up from 19% a year ago and the highest in Gallup’s trend.”
It’s not just serious conditions that aren’t receiving appropriate medical attention — the survey also found that 33% of Americans have put off treatment for any condition because of costs.
In 1970 as a nation we were spending under 0.5 trillion dollars per year on healthcare. In 2018 it was close to 4 trillion dollars and will certainly go up in 2019.
A
study from the Commonwealth Fund found that in 2018,
employee premiums and deductibles for both single-person and family policies rose to an average of $7,388. In nine states, the total exceeded $8,000, while the lowest rate was $5,815 in D.C. The total cost of premiums and deductibles came out to 11.5% of median income in 2018, which is up from 7.8% in 2008. This varies by state across the country.
The Gallup poll findings are in line with a
previous study from the Kaiser Family Foundation that found nearly half of U.S. adults said they or a family member put off or skipped some sort of health or dental care because of cost. The data also indicated that 29% of all adults reported not taking their prescribed medicines at some point in the last year because of the cost.
