Letters to the Editor: Stop accepting an economic system that forces people into homelessness

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Letters to the Editor: Stop accepting an economic system that forces people into homelessness
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Letters to the Editor: Stop accepting an economic system that forces people into homelessness (via latimesopinion )

disturbing, moving and utterly disgraceful. Thankfully the study begins to move the conversation in the right direction, but aren’t there some deeper questions we need to ask?

Why are we living under an economic system that’s structured to force older people into homelessness even if they worked all their lives? Why do we accept a system that gives us a situation where “people working every day are living in cars”? A successful hedge fund manager in this country can make billions of dollars while producing no real value for anyone. Meanwhile, teachers who nurture the future of humanity and farmworkers who produce the food we need to survive are struggling on the edge of poverty.Isn’t it time we outgrew the notion that the only available choices are to be ruled by greed-is-good casino capitalists or become Stalinist Russia? We need to start thinking about a workable economic system.

One of the reasons this is so, especially for the elderly, is that the cost of housing is not in the consumer price index. So housing can rise by 4% each year or by 10% , and Social Security payments don’t increase because of that. It’s like a gigantic, financial meat grinder is chasing everyone receiving Social Security. Sooner or later, it’s going to catch up with all of us.

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