Tag: poverty by age
These are difficult times. Everyone is on edge and would like to find someone to blame for their deteriorated economic circumstances. Therefore, commentators need to be careful when they release studies that pit one group against another. The new Pew Foundation study “The Rising Age Gap in Economic Well Being” does just that. It implies…
The message of the day seems to be that older people have too much. The Pew Foundation just released a study that compared the wealth of the young with that of the old. Not only do older people have more, but their advantage has increased since the financial crisis. Similarly, when the official poverty statistics…
