Our Biggest Poverty Problem Is Not the Elderly

New poverty figures for 2017 are out today along with the new income figures, and there are no surprises: the poverty rate decreased 0.4 percentage points, just as you’d expect during an economic expansion. However, it’s worth showing the poverty rate by age, since it seems to be an endless source of misinformation:

Yes, that orange line is correct: ever since 2000, the elderly have had the lowest poverty rate in the nation. That includes the entire period of the Great Recession, and every year since.

Our biggest poverty problem is not among senior citizens. Our biggest poverty problem is, first, among children, and second, among working-age adults.¹ That’s where our attention should be most heavily focused.

¹The Supplemental Poverty Measure tells a somewhat different story, but even the SPM says that poverty is more widespread among children than among the elderly.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

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