Since the inceptions of Medicare and Social Security, poverty rates among people who are elderly in the United States have:
A) decreased only slightly
B) declined steadily and significantly
C) increased slightly
D) stayed about the same

Question

Quizplus · Accepted Answer

According to the U.S. Census Bureau, the poverty rates among people who are elderly have declined steadily and significantly since the inceptions of Medicare and Social Security. In 1959, the poverty rate among people who are 65 or older was 35%, and in 2018, it was 9.7%.

Since the Inceptions of Medicare and Social Security, Poverty Rates