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In Germany, sending the elderly to cheap labor care homes in Eastern Europe, and the Phillipines is the latest austerity move to cut pensioner costs.
http://www.guardian.co.uk/world/2012...ign-care-homes
Not sure what the government can do, since younger taxpayers are shrinking in proportion to the increase in retirees.
What are you doing to take care of yourself in your sunset years? All my life I've been getting those letters from the government warning me that I'm only going to be collecting $____ dollars per month in social security. The problem is that me and millions of others consider those letters to be affirmation of the money we will be getting, and no matter how much I am warned that social security will not exist for me, I still have those letters. It's my money, and the gubmint is just holding it for me. That's what the letters say.
I'm still getting those letters. So the government cant be all out of cash, can it?
http://www.guardian.co.uk/world/2012...ign-care-homes
The Sozialverband Deutschland (VdK), a German socio-political advisory group, said the fact that growing numbers of Germans were unable to afford the costs of a retirement home in their own country sent a huge "alarm signal". It has called for political intervention
What are you doing to take care of yourself in your sunset years? All my life I've been getting those letters from the government warning me that I'm only going to be collecting $____ dollars per month in social security. The problem is that me and millions of others consider those letters to be affirmation of the money we will be getting, and no matter how much I am warned that social security will not exist for me, I still have those letters. It's my money, and the gubmint is just holding it for me. That's what the letters say.
I'm still getting those letters. So the government cant be all out of cash, can it?
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