Any society that fails to care for human beings who are sleeping on the street is sick. That fact becomes even more obvious when you compare it to the way we treat our pets.
When will things get back to normal? Everyone is asking.
The good old days will be back.
The coronavirus worried city officials. Tens of thousands of New Yorkers were sleeping “head-to-toe in dormitory-style shelters” for homeless people that were “vectors for widespread COVID-19 infection.” So New York’s mayor invited some of the homeless to move out of shelters and off the streets into some of the city’s 100,000 vacant hotel rooms at city expense. New Orleans, Los Angeles and San Francisco have followed suit.
Do not worry! Tourism will resume, hotels will full up and those rooms will be needed for capitalism’s winner class. The homeless will resume their rightful place on the streets and/or crowded into squalid shelters. With an average life expectancy of 50, they will die bereft and alone, their bodies unclaimed before being dumped into mass graves. No more fear that their vulnerability to virus imperils us, no more there-but-for-the-grace-of-God sympathy, no recognition of coexistence. It will be as it was in February 2020.
COVID-19 replaced the post-9/11 pantheon of heroic workers—cops, firefighters and soldiers—with employees who earn far less while taking much bigger risks. Now we thank workers in hospitals and nursing homes, those who prepare food, deliver mail and drive trucks “for their service.” Grocers are offering hazardous duty pay.
Not for long.
After it’s deemed safe, furloughed bank analysts and efficiency experts will return to their climate-controlled corporate suites to resume their job: maximizing the short-term returns of equity investors. They will pore over Excel spreadsheets displaying payroll records, draw the capitalist conclusion and issue their usual recommendations that salaries be reduced, hours lengthened and benefits curtailed in service of company bottom lines. With the hazard of coronavirus gone, the extra $2 an hour will vanish as well. Those who care for the infirm and make our dinners will return to their previous state of diminished socioeconomic status, a role reinforced by orders to wear ugly frocks adorned by ID badges. No longer heroes, zeroes once more to be ground up by the gears of the machine—certainly no thank-yous or scheduled shouts of gratitude from open windows.
Desperate to avoid a Soviet-style economic collapse, politicians of both parties graced the unemployed with an extra $600 a week for a national average total weekly jobless benefit of $947. That’s roughly the same as the national median income.
Here too, we will return to normal.
Once the ruling elites have determined that the danger of collapse and with it the loss of their real estate and securities assets has passed, they will order their pet Congressmen to allow expanded unemployment benefits to lapse. Those who are out of work will again try to make do with $347 a week, taxable. When they fail, which is inevitable, the jobless will be slammed with months of back rent and mortgages, plus interest and late fees, plus all the other bills that had been deferred yet unforgiven by landlords, telecoms and other owner-class types during the COVID-19 lockdown. Homelessness and poverty will skyrocket.
Fear not. Factories will go back to cranking out Yobama action figures, mint-flavored condoms and Mercedes SUVs that retail for $220,000 while getting 12 miles a gallon. Choked highways will slow to a crawl. Skylines will plunge back under a sea of haze.
No one will check on grandma or grandpa.
There won’t be any need.
(Ted Rall (Twitter: @tedrall), the political cartoonist, columnist and graphic novelist, is the author of the biography “Bernie.” You can support Ted’s hard-hitting political cartoons and columns and see his work first by sponsoring his work on Patreon.)
Democratic and many Republican voters share the same priorities in their lives. They want to live in a safer world. They want a real healthcare system, a cleaner planet, jobs that pay well, less poverty all around. So why is the Democratic Party singularly focused on impeaching President Trump over his attempt to influence the president of Ukraine?
For most of the 20th century left-of-center politics was defined by class struggle between the rich and the poor. Now the left has been completely subsumed by identity politics, the struggles for historically disadvantaged demographic groups for equality. Unfortunately the class struggle (which largely drove the oppression of women and minorities) has been all but forgotten by mainstream liberal politicians and political parties.
Forget terrorism, Ebola or even climate change — the most dangerous threat to this country is an epic retirement crisis.
We will soon see tens of millions of Americans reduced to poverty, bringing an end to the United States as an economic superpower.
Unlike attacks and pandemics, this crisis is an absolute certainty, one with a clear, near start date. But the media is hardly mentioning the imminent retirement crisis. So politicians haven’t even begun to think about it, much less take it seriously.
Actually, “retirement crisis” is a misnomer. The problem isn’t that people won’t be able to retire or will be living on a shoestring, though those things are true. We’re staring down the barrel of an epic old age crisis. For the average American, to be elderly will mean not mere belt-tightening, but real, grinding poverty: homelessness and hunger.
Throughout the last few decades, vulnerable people living from payday to payday have gotten battered by the shredding of the government safety net, a lack of accumulated savings caused by the boom-and-bust cycle of capitalism, and a lackluster real estate market.
Now members of the poor and lower middle class in their 50s and 60s are heading into a retirement crisis created by a perfect superstorm.
Traditional defined-benefit pension plans have been replaced by stingy 401(k)s and similar programs which employers no longer pay into, cap how much you can contribute (assuming you can afford it), take a beating during downturns in the stock market, and allow workers to tap when they’re laid off or run into financial trouble. After years of sketchy raids and outright theft, workers with old-fashioned corporate and government pensions can’t be sure their money will be there when they need it. The first Generation Xers — many of whom never had the opportunity to accumulate wealth due to several long recessions that impacted them particularly hard — will reach the traditional retirement age of 65 in the year 2024.
The facts are brutal:
No savings: The average Gen Xer only has a net worth of about $40,000 — enough to live on for a year. Maybe. In Akron. 36% of Americans don’t have a dime saved for retirement.
Later Social Security: Thanks to that lovable wacky Ronald Reagan, the Social Security retirement age was quietly raised to 67 for Gen Xers born after 1960. When you finally get Social Security, it doesn’t pay enough. The U.S. ranks third to last in social security benefits among developed nations.
Age discrimination: The continuing post-2008 recession hit those in their 50s especially hard; employers want cheaper, younger workers. 25% of Americans over age 55 now have no savings whatsoever.
About those pension plans: When journalists mention the retirement crisis, they focus on problems with the defined-benefit system. But that’s irrelevant to most Americans. 90% of private-sector workers don’t have one. Most government workers do — but 85% of Americans work in the private sector.
401ks suck (if you have one). Three out of four workers have no pension plan. What they might have is a 401k. The average Gen Xer who has a 401k — 69% don’t — has a $63,000 balance.
Financial experts say 92% of U.S. workers fall significantly short of what they’ll need to live decently after retirement. “In the decades to come,” Edward Siedle writes for Forbes, “we will witness millions of elderly Americans, the Baby Boomers and others, slipping into poverty. Too frail to work, too poor to retire will become the ‘new normal’ for many elderly Americans.”
This is about you — not some theoretical lazy Other.
“At some point,” Siedle says, “lack of savings, lack of employment possibilities and failing health will catch up with the overwhelming majority of the nation’s elders. Let me emphasize that we’re talking about the overwhelming majority, not a small percentage who arguably made bad decisions throughout their working lives.” [Emphasis is mine.]
America’s army of starving old people will drag down younger people too. “Public finances will be pushed to the limit, crowding out other priorities such as education,” Christian E. Weller predicts in The Hill. “Moreover, economic growth will be slower than it otherwise would be because employers will have more workers whose productivity is declining, while many older families, who could start successful new businesses, will forego those opportunities.”
And the pols?
Useless, Siedle concludes. “Conservatives are trying to pare back so-called entitlements that will mushroom in the near future and liberals have failed to acknowledge the crisis or propose any solutions.”
We can hit the streets to demand action now — or we’ll be living on them later.
(Ted Rall, syndicated writer and cartoonist, is the author of the new critically-acclaimed book “After We Kill You, We Will Welcome You Back As Honored Guests: Unembedded in Afghanistan.” Subscribe to Ted Rall at Beacon.)
COPYRIGHT 2014 TED RALL, DISTRIBUTED BY CREATORS.COM
Some dude posted a Kickstarter asking for $10 to make a potato salad. “It might not be that good. It’s my first potato salad,” he wrote. Thousands of backers gave him tens of thousands of dollars. Meanwhile, worthier Kickstarter projects - and charities - go unfunded. Most of the potato salad supporters wouldn’t give anything to help refugees in South Sudan.