He is commenting on bernie trying to get the govt to subsidize hearing aids. And showing that being is lying to be the mouthpiece of these hearing aid companies.
"Fixed income" is the dumbest commie wordplay in existence. Everyone's income is "fixed." You make what you make and your budget each year is dependent on that figure. People who make six-figures also have "fixed income."
Its been twisted (just like so much language pushed by the left) but it definitely used to have a reasonable and worthwhile standard meaning.
As a working person with a job, a side business and several investments, my income is not fixed but variable. It's based off how many hours I want to put in and how much I invest into those money-making ventures and market-based returns, that's all in addition to my fixed income streams.
When you're no longer working for income, it is a different lifestyle from someone who actively is earning income. Obviously, a sizeable number of seniors currently living with a "fixed income" could go back to work for some number of hours per week, but some literally do not have the ability to work.
From what seems to be the most recent data the average social security payout is 18k per year, it seems impossible that the average senior has investments, other entitlements and other income streams only paying them another $8K per year.
Average billionaire age worldwide is 60... but who know what that means for income.
In the USA I'm seeing 65-74 has a median wealth of $266,400 and mean of $1,217,700, for 75+ is $254,800 and $977,600 respectivley.
I think its very likely the only way to end even close to an "annual income of $26.4k" is to ignore their wealth when factoring in income. A very conservative drawdown of 3% would show a mean income equivalent for 65-75 to be $36k+ per year before social security payout.
theres already programs to help with the cost, people are too lazy, and its done through the state. the federal government doesnt need to be involved
He is commenting on bernie trying to get the govt to subsidize hearing aids. And showing that being is lying to be the mouthpiece of these hearing aid companies.
theyre already subsidized is my point, just. not federally. Bernie thinks nothing exists if he doesnt talk about it
"Fixed income" is the dumbest commie wordplay in existence. Everyone's income is "fixed." You make what you make and your budget each year is dependent on that figure. People who make six-figures also have "fixed income."
Its been twisted (just like so much language pushed by the left) but it definitely used to have a reasonable and worthwhile standard meaning.
As a working person with a job, a side business and several investments, my income is not fixed but variable. It's based off how many hours I want to put in and how much I invest into those money-making ventures and market-based returns, that's all in addition to my fixed income streams.
When you're no longer working for income, it is a different lifestyle from someone who actively is earning income. Obviously, a sizeable number of seniors currently living with a "fixed income" could go back to work for some number of hours per week, but some literally do not have the ability to work.
Hearing aids also aren’t something you buy every month, so the $2400 cost vs. $2200 Avg. monthly income (albeit false) isn’t relevant at all.
It's a well known fact when government gets involved in the pricing of medical goods, the cost go drastically down </sarcasm>
This post is gold
Lol without fear of old age they lose a lot. Gj mike
He's claiming that 50% of seniors (older than 60) have an annual income of $26,400.
Now, those numbers Mike pulled up are averaged. Is there a chance that there is a massive disparity between the top 50% and the lower 50% of seniors?
From what seems to be the most recent data the average social security payout is 18k per year, it seems impossible that the average senior has investments, other entitlements and other income streams only paying them another $8K per year.
Average billionaire age worldwide is 60... but who know what that means for income.
In the USA I'm seeing 65-74 has a median wealth of $266,400 and mean of $1,217,700, for 75+ is $254,800 and $977,600 respectivley.
I think its very likely the only way to end even close to an "annual income of $26.4k" is to ignore their wealth when factoring in income. A very conservative drawdown of 3% would show a mean income equivalent for 65-75 to be $36k+ per year before social security payout.
How do these old commie faggots seemingly go through life without being confronted directly?
Life in the north seems like a bore.
He’s missing the “?” Step for plausible deniability. This is just straight up extortion otherwise... wait...