Tag: poverty
Abstract Social Security reform is back near the top of the public agenda after a 15-year absence. The Bush administration seeks a partial privatization of Social Security, while avoiding new payroll taxes. The administration will almost certainly try to limit its agenda to the creation of an individual account system of some sort. But t…
Abstract According to most accounts the past decade has brought with it tremendous gains in reducing poverty among the elderly, i.e., those persons aged 65 or older. Although official poverty rate for children continues to be near the 20 percent level, the official poverty rate among the elderly fell to 10.5 percent in 1998. This…
