I have a section 8 voucher and it’s worse than you describe. My local housing authority board just voted to lower the amount of subsidy they provide for a one bedroom unit. I questioned whether HUD put out a new schedule for payment rates. The answer was no, we just decided to lower it for the coming year. I questioned why only the 1 bedrooms were getting nailed – no answer. But I already know the answer – its a war on older people who are the vast majority of holders of one bedroom vouchers. We as a group have the least ability to handle financial adversity so obviously we are the easieist target so housing authorities can continue to pay high salaries with golden perks.

BTW, have you priced peanut butter lately. It’s practically a luxury nowadays.

platypus on January 2, 2013 at 8:05 AM

Seniors as a group have the most money and net worth, and yet receive the most govt benefits.

Don’t feel sorry for those people. Feel sorry for those of us who knew what was coming and have to pay for their mistakes.

Sekhmet on January 2, 2013 at 12:41 AM

I have a section 8 voucher and it’s worse than you describe. My local housing authority board just voted to lower the amount of subsidy they provide for a one bedroom unit. I questioned whether HUD put out a new schedule for payment rates. The answer was no, we just decided to lower it for the coming year. I questioned why only the 1 bedrooms were getting nailed – no answer. But I already know the answer – its a war on older people who are the vast majority of holders of one bedroom vouchers. We as a group have the least ability to handle financial adversity so obviously we are the easieist target so housing authorities can continue to pay high salaries with golden perks.

BTW, have you priced peanut butter lately. It’s practically a luxury nowadays.

they must think it is like an amusement park ride…..

The President told the American people exactly what he would do if re-elected and he won. Better start getting used to it.
 
chumpThreads on December 29, 2012 at 9:56 AM

People hate their congresspeople, but they’re even more afraid of change.

Actually they think its the other congresspeople that’s the problem, their own congressperson is doing a fine job.

People hate their congresspeople, but they’re even more afraid of change.

The Monopoly money is meant to buy real assets: cell phones, airtime on cellular networks, food, fuel, rent….Inflation happens because an asset has real value. When a devalued currency seeks to pay for an asset, it’s going to take more currency as the currency is now worth less.

The government is not issuing food stamps per se anymore–it’s an allotment of a certain amount of US$ on an EBT card. As the dollar devalues, that allotment will pay for less and less food. Nokia or whoever is going to want a certain value for their phones. As what the US government can pay them shrinks, that maintenance contract will become lower and lower in priority. As the value being paid by a Section 8 voucher to a landlord shrinks, maintenance will become an even lower priority.

Let’s see how enthusiastically 0bamaphone Lady is when her phone is held together with duct tape, her EBT can only buy bread and peanut butter, and there’s crap all over her bathroom floor.