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A focused study group for the discussion of economics and economic policy.
32047 Members
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© 2020 Relevant Protocols Inc.
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Let's take this thought experiment (or a version of it) and make it policy. “What if we gave every child living in poverty the average Social Security benefit received by a Social Security recipient age 65 or over? The answer is that we would essentially eliminate child poverty in this country.”
Let's take this thought experiment (or a version of it) and make it policy. “What if we gave every child living in poverty the average Social Security benefit received by a Social Security recipient age 65 or over? The answer is that we would essentially eliminate child poverty in this country.”
Social Security benefits play a vital role in reducing poverty in every state, and they lift more Americans above the poverty line than any other program. Without Social Security, 21.7 million more Americans would be poor, according to analysis using the March 2019 Current Population Survey. Although most of those whom Social Security keeps out of poverty are elderly, 6.9 million are under age 65, including 1.2 million children. A recent study that matches Census survey data to administrative records suggests that the official estimates overstate elderly reliance on Social Security but confirmed that Social Security lifts millions of elderly Americans out of poverty and dramatically reduces the elderly poverty rate.
Social Security benefits play a vital role in reducing poverty in every state, and they lift more Americans above the poverty line than any other program. Without Social Security, 21.7 million more Americans would be poor, according to analysis using the March 2019 Current Population Survey. Although most of those whom Social Security keeps out of poverty are elderly, 6.9 million are under age 65, including 1.2 million children. A recent study that matches Census survey data to administrative records suggests that the official estimates overstate elderly reliance on Social Security but confirmed that Social Security lifts millions of elderly Americans out of poverty and dramatically reduces the elderly poverty rate.
Agree with this thought not only in us but it should be in every country ( it's my opinion ).
Agree with this thought not only in us but it should be in every country ( it's my opinion ).
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