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Home / Mike Norman Economics / By Laura Ungar and Trudy Lieberman – Starving Seniors: How America Fails To Feed Its Aging

By Laura Ungar and Trudy Lieberman – Starving Seniors: How America Fails To Feed Its Aging

Summary:
Some people say economics should only about science, and that other economic theories lack scientific credence or vigour, but people are not machines, and so we need a humane, more people friendly, economic system. Hungry people would get fed if we had a Job Guarantee.  MEMPHIS, Tenn. — Army veteran Eugene Milligan is 75 years old and blind. He uses a wheelchair since losing half his right leg to diabetes and gets dialysis for kidney failure. And he has struggled to get enough to eat. Earlier this year, he ended up in the hospital after burning himself while boiling water for oatmeal. The long stay caused the Memphis vet to fall off a charity’s rolls for home-delivered Meals on Wheels, so he had to rely on others, such as his son, a generous off-duty nurse and a local church to

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Some people say economics should only about science, and that other economic theories lack scientific credence or vigour, but people are not machines, and so we need a humane, more people friendly, economic system. Hungry people would get fed if we had a Job Guarantee. 

MEMPHIS, Tenn. — Army veteran Eugene Milligan is 75 years old and blind. He uses a wheelchair since losing half his right leg to diabetes and gets dialysis for kidney failure.
And he has struggled to get enough to eat.
Earlier this year, he ended up in the hospital after burning himself while boiling water for oatmeal. The long stay caused the Memphis vet to fall off a charity’s rolls for home-delivered Meals on Wheels, so he had to rely on others, such as his son, a generous off-duty nurse and a local church to bring him food.
“Many times, I’ve felt like I was starving,” he said. “There’s neighbors that need food too. There’s people at dialysis that need food. There’s hunger everywhere."
KHN

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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