General Discussion
In reply to the discussion: Am I the only one who is terrified? [View all]Yo_Mama
(8,303 posts)That alone tells the tale.
It's everything, not just health insurance, although that has been bad enough for millions. The reality is that it is very hard to save enough for any sort of retirement on most people's incomes, job security, wages, benefits and opportunities have been steadily declining for at least 60% of the population, and even if you are fine one moment, you could be a year away from losing your house because you can't pay your mortgage - and that can happen to most in the upper middle class nowadays.
But hey, the older we are the luckier we have been, and it's the young sprats that I worry about the most.
I can tell you that the word has gone out to Wall Street that we are NOT going to default, and there is a pretty close pipeline between the big boys there and the White House, so I wouldn't worry about this one. The real angst is going to hit in a couple of years, though.