« Fed Watch: Meltzer, Part II | Main | Inequality and Economic "Growth Spells" »

Saturday, April 09, 2011

A Coincidence?

Richard Green:

A coincidence?, by Richard Green: In 1959, the poverty rate among the elderly was 37.1 percent, or more than double the rate for all adults.  By 1969, it has dropped to 27.1 percent and by 1979 to 12.7 percent.  By 1999 it was 7 percent, or lower than the adult poverty rate.  Medicare, of course, came into being in the 1965.

    Posted by on Saturday, April 9, 2011 at 12:24 AM in Economics, Health Care, Social Insurance | Permalink  Comments (16)


    Comments

    Feed You can follow this conversation by subscribing to the comment feed for this post.