Sunday, April 3, 2011

How to wipe out seniors' poverty

 How to Wipe Out Seniors' Poverty, No Charge

A very interesting article posted April 2nd by Armine Yalnizyan, a senior economist with the Canadian Centre for Policy Alternatives.

Here's a quote:

"Today 5.8 per cent of Canadians aged 65 and older are living in poverty. With rising energy and food prices, a little more cash would be very welcome in these households.

The shocking truth is we could get rid of poverty among seniors, if we want.
...
In a nation as affluent as ours, seniors’ poverty doesn’t have to exist at all. Based on what seniors already get out of public policy, we can afford to help. We don’t have to spend more. We just have to spend it differently."