Americans gives an example of “How the economy has changed” “My parents bought a four bedroom house in 1970 for $30,000 — My father was working as a furniture salesman. There was only one income they didn't do a credit check” Imagine being able to afford a home and a family on one income as a furniture salesman She talks about how they recently died and the home was taken by the government because the home was tied to Medicare costs and her parents got sick. She says in the comments she begged them to put it in a trust but they didn’t “They died in debt. So my father's medicare costs were attached to the house. My mother because my father had moved into a nursing home. A lot of you discover if you don't have private coverage for a nursing home it will medically bankrupt you. So they went from a period of extreme prosperity to today's world where you know, a medical crisis can wipe out your entire life savings. And they both died deeply, deeply in debt.”
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