Wednesday, May 6, 2020

Poverty For The Elderly Population Essay - 1756 Words

Poverty for the elderly is a persistent problem in the United States. During the Great Depression of the 1930’s poverty among the elderly grew in the nation but declined over the years as relief efforts by the government to lift families out of poverty and to secure the future of the elderly population were established. Before the Great Depression, state welfare pensions did not exist and security for retirement was nearly non-existent. The Social Security Act, signed in 1935 managed to establish a future security blanket for the elderly population and assist families during times of need. Between 1959 to 1973 the poverty rate among the elderly was reduced by half from 35.2 to 16.3 and in 1999 it dropped to 9.7 in the United States; The high strength of the economy was responsible for the low rates of poverty among the elderly during the late 1990’s and it continued until the Great Recession that took place from 2007 to 2009. Today in the 20th century, although the elde rly poverty levels have declined nationally, levels of poverty among the elderly remain high in a state like California. Nationwide, California is ranked as one of the states with the highest poverty (23.4%), having the metropolitan area of Los Angeles as one of the poorest in the nation. Although the poverty level in the state has fallen since the 1990’s, California’s poverty continues to be higher than the rest of the nation. Among the elderly living in poverty in California, according to UCLA’s Center forShow MoreRelatedThe Increase Life Expectancy Has Created A Larger Population Of The Elderly972 Words   |  4 Pagesincreased life expectancy has created a larger population of the elderly, which is a significant demographic change that the U.S. has begun to experience. It is projected that the increase in the life expectancy will continue to impact the amplified growth of the elderly population in the future. 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