I’ll be there, Kev. I have no health care coverage. One serious illness and I’m broke or dead.
My next-door neighbor was living in modest comfort until last month, when he had a severe attack of ulcerative colitis and had to be hospitalized. By law, before he can go on Medicaid, he has to burn through his savings, so that’s what he’s doing.
So here’s his recent trajectory:
May: middle middle class
June: lower middle class
Maybe some of you know this guy.
His name is Alger.
(Extra good-karma points to you, Kev. You are my hero.)