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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (21049)1/12/2005 12:41:57 PM
From: GraceZ  Respond to of 116555
 
A recent survey showed that about 50% of elder Americans have no other source of income than their Social Security income

What he is saying is that despite SS 50% of elderly Americans are living in poverty, the same number he claims lived in poverty before the program. Unless he thinks that only having a SS pension raises them above poverty.


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