New Senior Poverty Data Disproves ‘Greedy Geezer’ Myth
Conservative think tanks have been pushing a false narrative that older Americans who collect Social Security are somehow ‘ripping off’ younger adults. This propaganda ignores the facts — pitting hardworking Americans (of all ages) against one another.
While right-leaning analysts push the argument that younger workers shouldn’t have to pay into Social Security while wealthy ‘greedy geezers’ collect benefits, the data tells a different story. New statistics show that poverty among seniors is on the rise, reaching 15% in 2024, according to the U.S. Census Bureau’s Supplemental Poverty Measure (SPM).