From Yahoo Finance:
Many baby boomers across the country are now coming to terms with the hard reality that working for your entire adult life is no longer enough to guarantee you’ll have a roof over your head in your later years.
Thanks in part to a series of recessions, high housing costs and a shortage of affordable housing, older adults are now the fastest-growing segment of America’s homeless population, according to a report in the Wall Street Journal, based on data from the Department of Housing and Urban Development. ...
Now, the over-50 demographic represents half of the homeless single adults in the U.S. — with no sign of their numbers slowing, leaving baby boomers (those aged 57 to 75) particularly vulnerable.
“Elderly homelessness has been rare within the contemporary homeless problem. We’ve always had very few people over 60 who’ve been homeless historically,” Culhane from the University of Pennsylvania told PBS NewsHour. ...
I'm sure there are many reasons for this increase in homelessness among older people but the failures of Social Security's disability programs have to be a major factor. There are far, far too many disabled people in homeless shelters.
8 comments:
Aren’t all homeless people disabled?
Where are the government shutdown stories in this blog? You think federal employees like to work for IOU’S?
Everyone who files is disabled, dontcha know?
SSDI/SSI isn’t even in the top 10 reasons for the rampant increase in homelessness over the last 10-20 years.
They brought this on themselves. And until they hand over the reins or die off, they’re going to have to be the ones to fix this problem they’ve made for themselves. One humble suggestion I have is to consider voting for literally anyone other than the ghouls with an “R” next to their name on the ballot.
Yeah, I know. I was being sarcastic. This blog assumes everyone who isn’t working is disabled.
Shut down averted champ. Buckle up, we’ll do it all again in 45 days.
Poor urban (where the majority of homeless of all ages are) boomers do not generally sway conservative, so what are you talking about. You are just engaging in generational bashing.
You’re flat wrong. They absolutely do sway conservative, in essentially every urban population center in this entire nation, including the big cities along the east coast.
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