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Coonoor Behal

How the government fights poverty, in one chart - 0 views

www.washingtonpost.com/...nt-fights-poverty-in-one-chart

chart infographic povertyprograms SocialSecurity elderly seniors

shared by Coonoor Behal on 19 Nov 12 - No Cached
  • the effects of the government programs are still large. The programs reduced poverty for children under 18 by 8.8 percent (or 6.5 million children) and for people 18-64 by 6.1 percent (or 11.8 million people).
  • Government programs reduce poverty among seniors by 36 percent, and 34.9 percent of that decrease is due to Social Security.
  • Were it not for Social Security, 43.6 percent of seniors would be poor. That’s 14.5 million seniors that one program is keeping afloat.
  • ...1 more annotation...
  • In 2011, the poverty rate not including unemployment insurance or Social Security would have been 7.8 percentage points higher, and it would have been 3.1 points lower if you take food stamps and EITC into account. So all told, these four government programs reduced poverty by 10.9 percent, or 33.6 million people.
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