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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

Well, Alex, whether a business gives a senior discount or not is none of YOUR business.


41 posted on 05/29/2013 8:30:28 AM PDT by TomGuy (.)
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To: blam
"Soylent Green is People!!"
42 posted on 05/29/2013 8:30:33 AM PDT by pabianice
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To: blam

That woman reminds me of Squaw Warren.
A troubling resemblance.....


43 posted on 05/29/2013 8:30:42 AM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: bert

Senior discounts on public transportation are also a great idea because they mean fewer drivers.


44 posted on 05/29/2013 8:31:30 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Theodore R.
People in CO agree with Lamm

The politics of Denver ride roughshod over Colorado. The majority of Colorado had not been demoRat but corruption in denveR has put rats in power. Chickenpooper would not even listen to the state Sheriffs but held Obama and Byden is high esteem over the people.

45 posted on 05/29/2013 8:31:36 AM PDT by mountainlion (Live well for those that did not make it back.)
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To: Larry Lucido

Let me guess...

You have every season of “The Golden Girls” on DVD...


46 posted on 05/29/2013 8:32:05 AM PDT by humblegunner
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To: nascarnation
"That woman reminds me of Squaw Warren."

Yep, it made me check the pic properties for the file name....

47 posted on 05/29/2013 8:32:59 AM PDT by Paladin2
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To: RoosterRedux
It’s not America that is responsible for senior discounts but individual businesses who are trying to attract seniors because they are good business.

Well of course that is true. The article was penned by an intellectual midget with lots of ink and no sense. My best customers are seniors. You bet I offer a discount.

48 posted on 05/29/2013 8:33:41 AM PDT by Louis Foxwell (This is a wake up call. Join the Sultan Knish ping list.)
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To: blam

Alexander Mayanasi.

From his LinkedIn page:

Ghostwriter & Co-Author

Self-employed

2011 – Present (2 years)

Writing Egytian activist Ahmed Salah’s account of the Egyptian Revolution.

49 posted on 05/29/2013 8:34:53 AM PDT by Cicero (Marcus Tullius)
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To: blam
Although I do not yet qualify, they will take my senior discount out of my cold dead hands.

Literally.

50 posted on 05/29/2013 8:35:01 AM PDT by Lazamataz ("AP" clearly stands for American Pravda. Our news media has become completely and proudly Soviet.)
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To: blam

The author is obviously not a marketeer or a successful businessman. Senior discounts are not offered out of charity, they’re offered to attract purchasers who (1) are on a fixed income, (2) have very predictable buying habits, and (3) have a very high rate of return business. It’s all about the business, kid. TANSTAAFL.


51 posted on 05/29/2013 8:35:48 AM PDT by Billthedrill
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To: blam

Alex Mayyasi

Alex Mayyasi, a graduate of Stanford University's International Relations program, class of 2011, living in Cairo, Egypt. Alex interned with the Development and Institutionalization Support Center during Egypt's 2011-2012 parliamentary elections

52 posted on 05/29/2013 8:36:11 AM PDT by kcvl
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To: blam

Dude can’t keep a job it seems...

********

Formerly an aspiring diplomat working with activists in Cairo, Egypt. Now in the San Francisco Bay Area working in tech. Looking forward to how all the dots may connect one day.

Experience

Priceonomics Inc

Writer

Priceonomics Inc
February 2013 – Present (4 months)|San Francisco Bay Area

Ghostwriter & Co-Author

Self-employed
2011 – Present (2 years)
Writing Egytian activist Ahmed Salah’s account of the Egyptian Revolution.

Intern

Development and Institutionalization Support Center
October 2011 – January 2012 (4 months)|Cairo, Egypt
DISC is an Egyptian NGO working at the intersection of civil society and technology.

Stanford Alumni Association

Photographer at Stanford Sierra Camp

Stanford Alumni Association
June 2011 – September 2011 (4 months)

Stanford University

Research Assistant

Stanford University
October 2010 – June 2011 (9 months)
Worked with Canadian diplomat and Visiting Scholar Ben Rowswell on a research project on Afghanistan and statebuilding. Also assisted the launch of Cloud to Street, a project linking Egyptian activists with Silicon Valley to produce liberation technologies.

Stanford University

Research Assistant

Stanford University
June 2009 – August 2009 (3 months)
Worked with Steve Krasner, Stanford Professor of International Relations and former Director of Policy Planning at the US State Department. Researched foreign aid’s relation to state development.

Media Intern

The Boston Review
April 2009 – June 2009 (3 months)


53 posted on 05/29/2013 8:38:33 AM PDT by kcvl
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To: blam

I can’t get in on any of the Govt freebies so don’t take away my discounts ..if I ever manage to reach that age.


54 posted on 05/29/2013 8:38:38 AM PDT by RummyChick
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To: TADSLOS
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.

Yeah, or maybe that mechanic actually worked two jobs to pay for one of his children's medical treatments and the Mercedes owner inherited his money. Please. I'm in my late 50's and I qualify for senior discounts in many cases. I don't need them and I don't ask for them. Just because I happen to surpass a certain age doesn't create entitlement. That's the thinking of a liberal.

55 posted on 05/29/2013 8:39:07 AM PDT by Right Brother
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To: blam

What next, is Bloomberg going to outlaw Early Bird Specials?


56 posted on 05/29/2013 8:39:44 AM PDT by 9YearLurker
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To: blam

When this guy gets old enough, he can just pay full price. No one is forcing any senior to receive a discount. Our grocery store, Harris Teeter has senior discounts available for 60+ yo. I have to touch a button to receive it.


57 posted on 05/29/2013 8:40:18 AM PDT by stuartcr ("I have habits that are older than the people telling me they're bad for me.")
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To: blam
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.

I don't know where she goes to the movies, but the senior discount at my local theater is $0.25.

58 posted on 05/29/2013 8:40:48 AM PDT by Malone LaVeigh
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To: illiac
"Because you have not earned it yet. Just another part of the poor me generation...."

Alex himself, in living color

Alex Mayyasi @amayyasi

Writer @priceonomics. Also writing a book on the Egyptian Revolution & working w/ democracy activists

59 posted on 05/29/2013 8:42:15 AM PDT by BwanaNdege ("To learn who rules over you simply find out who you are not allowed to criticize"- Voltaire)
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To: illiac

“or part of what some journalists have colorfully called “the screwed generation,”

What journalist ever has said this? Where?

This person makes crap up. The “Screwed UP” generation is more like it.


60 posted on 05/29/2013 8:42:30 AM PDT by austinaero
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