>>The first comments I found quite alarming with Michelle were at the UCLA speech where she stated something to the extent that people are not in debt because they are living frivolously, but because of medical costs.<<
Quehebo -
Obviously, medical costs are not the only thing that drives people into debt. But it is a factor for a lot of people.
I, myself, had no debt and money in the bank just a year and a half ago. Right now, my net worth is negative, because I had cancer. I had a lot of medical expenses, and I had to live on my savings when I was physically unable to work. I'm very happy that I had the savings to live on.
Now I have cancer again. Or may have. I won't know for sure until next week, though at first the new diagnosis was presented to me as a sure thing.
If I do end up having chemotherapy again, I may go through another period of forced unemployment, and I will go further into debt.
I think Michelle, if she said such a thing, was certainly not being entirely accurate. But I don't see such a statement as alarming. In fact, I haven't been alarmed by anything she has said. That opinion doesn't depend on the use or non-use of the word "really", either.
- Allen |
