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Under New Math, 1 in 5 Seniors Is Poor

Outmoded federal statistics don't reflect reality, group says

By Kevin Spak,  Newser Staff

Posted Sep 4, 2009 9:57 AM CDT

(Newser) – Based on official statistics, only 10% of Americans aged 65 and older are poor, the lowest rate of any age group. But the actual number should be nearly twice that, finds the National Academy of Sciences, which has developed a new, modern way of calculating...   Read full story »

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