2min chapter

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Why Does the Richest Country in the World Have So Many Poor Kids? (Ep. 475 Update)

Freakonomics Radio

CHAPTER

Is the Problem Really That Children Don't Vote?

The share of old people in poverty was higher than the share of children in poverty. Now it's children who are disproportionately likely to be poor. If you look at spending on the elderly, we're actually pretty good. We expanded social security in that reduced elderly poverty. The problem is that we don't see this as a necessary investment in society.

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