grist for the mill
A not-so-secret research cacheWednesday, January 05, 2005
The 'Other America' May Be Coming Back (washingtonpost.com): "There's no great mystery to unravel here. Above all, what changed the lives of America's senior citizens were the significant increases in Social Security benefits enacted in the 1960s and '70s, and the indexing of those benefits to average wage growth. But since the Bush administration is reportedly soon to propose ending that indexing, and replacing it with a different formula that would greatly reduce benefits, it's worth taking a moment to look back at senior poverty as it existed in the year of John F. Kennedy's election as president."
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