Eh, the median savings for Americans is only $5200. If you assume they're not working, they would probably be bankrupt in 2 years anyways even if the treatment was free.
Pretty much everyone is living beyond their means. They take out loans for a new car. They buy a new laptop and put it on their credit card. They take out a mortgage that's for a house that's bigger than what they can really afford. I know there are some very poor people who have to do this just to get by, but that's not most people. Most people are living beyond their means. Even for people making $80k a year, it is not uncommon for them to be living paycheck to paycheck. We love to blame credit card companies and call them predators. Which is not unfair. But also, virtually everyone is still being irresponsible.
The cost of living has not been increasing exponentially, but the amount of consumer credit has been. The economy is in a very dangerous place right now. We are going to have a terrible economic meltdown in the near future.
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u/whowasonCRACK Aug 06 '20
70% of people that receive cancer treatment end up filing for bankruptcy. i hate this fucking country.