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The Economic Crisis Facing Seniors of Color

August 1, 2011

External Publication

Authors: Jacob Dumez, Henoch Derbew

The longstanding "wealth gap" between people of color and whites has actually worsened in recent decades. The ongoing foreclosure crisis has disproportionately affected black and Latino families while budget cuts are crippling vital services for seniors.

In this report, The Greenlining Institute makes extensive use of the Center's Elder Index calculations to argue for a range of interventions to help minority elders, including adoption of more accurate poverty measurement tools like the Elder Index, better savings and pension plan options for minority seniors, as well preservation of the senior safety net, including Supplemental Security Income, Adult Day Health Centers, food stamps and more.


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