A new study published by the National Bureau for Economic Research reports that 46% of all Americans that die have less than $10,000 in total financial assets at the end of life. Most of them are entirely dependent on govenment programs like social security and medicare. That percentage is staggering.
Even more alarming; the fact that a large percentage of those in that group tend to vote for politicians whose politics are about eroding the 'New Deal' social safety net even further.
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