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It's High Time America Did Away With Senior Discounts
Business Insider ^ | 5-29-2013 | Alex Mayyasi, Priceonomics Blog

Posted on 05/29/2013 8:08:27 AM PDT by blam

It's High Time America Did Away With Senior Discounts

Alex Mayyasi, Priceonomics Blog
May 29, 2013, 10:44 AM

You’ve seen them on the bus, in museums, and at movie theaters: senior discounts.

As a reward for being old, senior citizens pay a quarter less for bus fare, a small fortune less for movie tickets, and receive discounts generally all over the place.

If you’re a twentysomething, or part of what some journalists have colorfully called “the screwed generation,” you may be wondering: why not me?

The idea that seniors are a group in need of help and protection dates back to the thirties, when America’s senior citizens were disproportionately poor and affected by the Depression wiping out everyone's savings.

In 1935, President Roosevelt passed the Social Security Act, which gave federal assistance to the elderly. This became the norm. Aid to seniors increased over time, in particular with the creation of Medicare in 1965 and the passage of an amendment indexing social security to cost of living increases and creating an additional Supplemental Security Income for seniors in 1972.

As two poverty economists note, “One of the most striking trends in elderly well-being in the twentieth century was the dramatic decline in income poverty among the elderly.” This can be seen in the graph below.

The United States only began measuring poverty in the 1960s, so we lack standard figures dating farther back than that. But it’s recognized that the trend of decreasing poverty among seniors dates back to the thirties and forties. 2011 Census figures place poverty among Americans aged 65 and older at 8.7%, well below the national average of 15%.

(snip)

(Excerpt) Read more at priceonomics.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: agediscrimination; discounts; elderlyfreezers; gimmegeneraation; retirement; seniors; wealthiestsector
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To: blam

Once upon a time little boys and girls, there was a country where the flag was honored, family name was precious, God was worshipped, and senior citizens were respected - as they were a support and repository for the aforesaid virtues.

It would appear that today the flag is trashed, family name means nothing - even you have one, God is removed from public life and senior citizens AND the unborn are an inonvenient burden.


21 posted on 05/29/2013 8:21:05 AM PDT by ZULU ((See: http://gatesofvienna.net/))
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To: blam

If not for senior discounts, my last year of high school would have been a lot tougher!


22 posted on 05/29/2013 8:21:07 AM PDT by Larry Lucido
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To: blam

The idea behind this that senior live on “fixed incomes”. TX state teachers for instance haven’t had a raise since 2001. The discounts won’t pay for a half gallon of gasoline to reach the event.


23 posted on 05/29/2013 8:21:48 AM PDT by Theodore R. ("Hey, the American people must all be crazy out there!")
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To: blam

I’ll never forget the time I was at a Carl’s Jr. one evening years ago. A young family of four was ordering and despite the pleas from the kids for extras, were keeping their order simple and low cost. The husband looked like a hard working mechanic, just off work with a greasy uniform. After they left the register, an older couple came up to order. They had just pulled up in a gleaming Mercedes and the woman had a huge rock on her finger. At the conclusion of the order, the man reminded the clerk that they qualified for the 10% senior discount which was proudly displayed on a sign sitting on the counter. Pissed me off.


24 posted on 05/29/2013 8:22:02 AM PDT by Right Brother
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To: Buckeye McFrog

LOL. I live in a retirement community, so I can relate to that first hand.


25 posted on 05/29/2013 8:22:33 AM PDT by TADSLOS (The Event Horizon has come and gone. Buckle up and hang on.)
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To: BunnySlippers

The discounts however are limited to VHS tape rentals


26 posted on 05/29/2013 8:23:05 AM PDT by bert ((K.E. N.P. N.C. +12 .....Obama Denies Role in Government)
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To: FReepers

Click The Pic To Donate

Support FR, Donate Monthly If You Can

27 posted on 05/29/2013 8:23:18 AM PDT by DJ MacWoW (My faith and politics cannot be separated)
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To: blam

Don’t forget to eliminate all those kiddy discounts, then, Mr Busybody. Just don’t be surprised when hordes of pitchfork wielding parents come banging on your door.


28 posted on 05/29/2013 8:23:38 AM PDT by Darnright ("I don't trust liberals, I trust conservatives." - Lucius Annaeus Seneca)
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To: blam

Does the author even consider that perhaps senior discounts are not at attempt at charity but, rather, an attempt to secure the business of a demographic that otherwise would stay home?


29 posted on 05/29/2013 8:23:51 AM PDT by circlecity
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To: Right Brother

And, the mechanic could be rich some day too.....or the older couple may give millions to charity....


30 posted on 05/29/2013 8:23:59 AM PDT by goodnesswins (R.I.P. Doherty, Smith, Stevens, Woods.)
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To: mountainlion

People in CO agree with Lamm about the inconvenience of the elderly, and they are big abortion boosters too. In WY though, all less so.


31 posted on 05/29/2013 8:24:16 AM PDT by Theodore R. ("Hey, the American people must all be crazy out there!")
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To: Paladin2
Any of those have gun lockers in the rooms?

In Florida all of the folks have CCW permits.

5.56mm

32 posted on 05/29/2013 8:25:01 AM PDT by M Kehoe
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To: blam

I thought it was ILLEGAL to discriminate against someone based on their age?? If being under a certain age requires one to pay MORE, then it is Definitely ILLEGAL, and maybe we could start a whole new class of lawsuits against these evil businesses.


33 posted on 05/29/2013 8:26:06 AM PDT by eyeamok
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To: blam

I waited my whole life to obtain a Free Senior Citizen’s Fishing License from New York State. The year I was 65 I trotted myself over to the county clerk’s office intending to receive what I was entitled to. They informed me that 4 months earlier, there had been a change to the law and that the age requirement was now 70.
This seems like a conspiracy.


34 posted on 05/29/2013 8:27:31 AM PDT by BuffaloJack (Gun Control is the Key to totalitarianism and genocide.)
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To: blam

Obama should do away with all discounts. Everything cost’s the same, no Sales, Closeout’s or Promotions.


35 posted on 05/29/2013 8:28:09 AM PDT by ImJustAnotherOkie (zerogottago)
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To: BuffaloJack

America hates the baby boomers.


36 posted on 05/29/2013 8:28:35 AM PDT by Paladin2
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To: sit-rep; humblegunner; Eaker; Squantos
Damn, I had it backwards. All these years I thought that I was getting the senior discount when I paid 10% less for an hour with a 65 years or older chick in Nevada.
37 posted on 05/29/2013 8:29:09 AM PDT by Larry Lucido
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To: blam

“The idea that seniors are a group in need of help and protection dates back to the thirties, when America’s senior citizens were disproportionately poor and affected by the Depression wiping out everyone’s savings.”

Yeh like now. My 90 year old Mom gets her senior discounts and I’m glad she does. Tell the twenty somethings to get a job and STFU about it.


38 posted on 05/29/2013 8:29:48 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: Right Brother

Maybe that man in the Mercedes was a retired mechanic who managed to do well, save and invest, or maybe he owns the shop where the young mechanic is fortunate enough to find work to feed his family at Carl’s Jr.


39 posted on 05/29/2013 8:30:18 AM PDT by TADSLOS (The Event Horizon has come and gone. Buckle up and hang on.)
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To: blam

While I rarely ask for them some places volunteer discounts. If a private business wants to give them I’m thankful as my income has now declined.


40 posted on 05/29/2013 8:30:28 AM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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