Expanding Social Security positively impacts poverty rates 

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Friend,

In the midst of a global pandemic, with poverty on the rise, millions of working people and seniors are feeling economic anxiety not seen since at least the great recession.

This week, we’re bringing you the top 5 charts, one each day, that reflect the state of our economy.

Chart #5 focuses on Social Security―the most successful anti-poverty program in the history of our country. Take a look at the EPI chart below ([link removed]) . Over the last 60 years, as Social Security payments rose, we’ve seen senior poverty decline dramatically.
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Each time we increase Social Security and expand Social Security to cover more occupations (disproportionately employing Black workers) and more people―including surviving spouses, children and people with disabilities―we positively impact poverty rates in the U.S.

EPI is fighting every day to defend and strengthen essential programs like Social Security. Donate today to power the research and data behind our movement for progressive economic change. ([link removed])

These are challenging times. But, together, we will fight for an economy that works for all of us, not just the wealthy few.

Thank you,

Eve Tahmincioglu
Director of Communications, Economic Policy Institute
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