Elder Poverty

Many more elderly people are dying in poverty than we thought, new measurement shows, By Amrith Ramkumar, August 1, 2016, Miami Herald: “When Donald Trump says almost four in 10 black American youths live in poverty, he’s technically correct. According to the official poverty measure, 36 percent of African-Americans under the age of 18 fell below the poverty line in 2014. The problem with that statistic is that the official poverty line is a flawed measurement. It doesn’t take into account benefits like food stamps and tax credits, so unlike the more recent supplemental poverty measure, it can’t account for the fact that earned income and child tax give-backs lower the poverty rate by 3.1 percentage points, and food stamps (formally known as Supplemental Nutrition Assistance Program benefits) cut it by 1.5 percentage points…”