Tag: poverty

Close up of elderly woman's hands with tiny piggy bank

Older people also do not enjoy a decline in poverty.  The recent Census report contained good news on income, poverty, and health insurance coverage.  Median household income rose more from 2014 to 2016 than in any other two-year period on record; poverty declined significantly; and the share of Americans without health insurance fell to a…

older woman looking out the window

Half of older households fall below 200 percent of poverty. Recently, I was appointed to the Governor’s Council to Address Aging in Massachusetts.  The Council has a broad mandate, but I’m an economist so I care about whether older people in Massachusetts have enough money.  Apparently they do not: Massachusetts ranks among the worst in…