The RSA would be tailored after the Social Security program. With 50 million poor and millions paying more than 50% of income on rent (thereby qualifying for foodstamps in many cases), inculding millions of elderly with an average SS benefit of $1000 per month, It is high time to aupport renters after they have paid rent for approximatedly 40 years in an era where more and more people live to be in their nineties, with miniscule cost of living adjustments. By paying into this program, poor, elderly people would be in a much more stable economic situation. While we say that people should not expect SS to be their sole source of retirement income, wages are very low and millions do not have enough retirement income to have pleasure in the last twenty to thirty years of their life.
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