$100 million to assist families caring for aging relatives
News reports are filled with the Obama administration trying to do damage control. The primary reason cited is voters’ wake-up call to Democrats following Republican Scott Brown’s win of the senate seat vacated by the late Sen. Kennedy. This is also politically significant in that Democrats needed a minimum of 60 votes to pass measures. Now they’re down to 59.
One item of good news emerges for caregivers according to an AP article this morning:
$100 million to assist families caring for aging relatives by providing help with transportation, adult day care and in-home aids.
This would help A LOT given the degree to which families’ savings have been pummeled lately. I’ve been blogging about the State of California needing to do the same thing despite the rising deficit. Supporting and investing in families who care for loved ones is a wise long-term investment that will guard against even greater government expenses down the line.
As Americans ride a wave of uncertainty once more, Wall Street has been hit hard these last several days, with the Dow dropping nearly 500 points. If you own money market or mutual funds or even invest in the stock market, you are vested in the outcome of Wall Street’s performance.
For the interim, watch Obama’s State of the Union Address Wed at 9pm ET/6pm PT
Brenda Avadian, MA
Caretaker to The American Dream
Founder, TADWU.us and TheCaregiversVoice.com