For Example:
There are three married couples; all named The Bruces. White, 8th generation, college educated Americans. Bruces A are 20+ years old; Bruces B are 50+ years old and Bruces C are 65+ years old. From top to bottom, Bruces A, B, and C.
Bruces C are much wealthier than Bruces A and Bruces B. They have pensions, 403-b, 401-K, Social Security, investments and 2 homes. Bruces B have some savings, no investments, and 2 homes. Bruces A have one house, no savings or investments. There’s a wealth gap.
Bruces B have a much higher income than Bruces A and Bruces C. There is an income gap.
Bruces A are much healthier than Bruces B and Bruces C. There is a health gap.
Bruces A have minimal health insurance, some hospitalization coverage never used; Bruces B have great health insurance from large self insured employer—OSU; Bruces C have Medicare A & B, plus supplemental. Good, but not as great as Bruces B. There is an insurance gap.
Bruces A take no medications at all. Bruces B have minor conditions requiring little medication. Bruces C have had heart, blood pressure, cancer, asthma, cholesterol problems, all treatable. There is a health consumption gap.
Bruces A are usually employed or under employed—they are students or lower level employees; Bruces B are fully employed, or self-employed and are DINKS; Bruces C are not employed even irregularly. There is an employment gap.
Bruces A rarely ever have a vacation or travel; Bruces B occasionally travel to visit relatives or vacation close to home; Bruces C travel to many countries and enjoy cruises, they eat out frequently, attend art events, pursue hobbies. There is a leisure gap.
Which of the Bruces, A, B, or C, does Elizabeth Warren want to tax to "help" the other two?
Sunday, February 23, 2020
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment