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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: kcvl
living in Cairo, Egypt.

Do they give Senior Citizens discounts in Egypt ?

81 posted on 05/29/2013 9:03:53 AM PDT by UCANSEE2 (The monsters are due on Maple Street)
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To: wayoverthehill
Maybe one of these days interest rates will go above zero and I can be a little freer with my money.

For a while after forced retirement due to health, I used the interest from savings to at least pay the basic utilities. Interest rates fell year after year. Now, the income from interest doesn't pay for one weekly trip to the grocery store. Many who did save are now having to spend their principal because interest rates are 1/2% or less.


82 posted on 05/29/2013 9:04:01 AM PDT by TomGuy (.)
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To: blam

Things make a lot more sense when you strip away the bs.

It’s not a senior discount, it’s a youth surcharge.


83 posted on 05/29/2013 9:04:23 AM PDT by SpaceBar
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To: blam

It’s high time America did away with uninformed idiots who write articles.

I hope the author is unable to find work when he reaches 60 and has to work at MacDonalds.


84 posted on 05/29/2013 9:05:16 AM PDT by I want the USA back (Pi$$ed off yet?)
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To: AEMILIUS PAULUS
If a private business wants to give them I’m thankful as my income has now declined.

A private business can certainly do as it chooses. However in my area, seniors get discounts on: Property Taxes (called homesteaders), city rec-center, trash pickup, snow removal, and probably a bunch of other city services I'm not aware of.

I can even recall local voting issues that were marketed as "seniors will not be affected by the increase" in the past.

I think it would be a good debate to argue whether tax dollars should subsidize senior discounts no matter how small.
85 posted on 05/29/2013 9:06:53 AM PDT by mmichaels1970
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To: CIB-173RDABN
Explain how not providing a discount to the older couple would have helped the younger couple?

I can easily ask how the discount 'helped' the wealthy older couple? 'Help' is generally offered to one "in need". So we automatically assume all seniors are in need of 'help'? Why does all this entitlement mentality pervade a conservative website? What if the concept of a senior discount didn't exist in the first place? Would you still feel entitled to one? It kind of reminds me of the tale of the man that sets up a hot dog stand on a street corner and gives away free hot dogs two weekends in a row. On the third weekend he doesn't show up. A crowd of people gather and start cussing out the "SOB" because he's not there providing them with the free food.

86 posted on 05/29/2013 9:07:13 AM PDT by Right Brother
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To: blam

OK, so now the progressives/commies are simply adding a new dimension to class warfare: youth vs. elderly. That’s all this is about. Divide society against itself in as many ways as possible and the effort for the elites to keep their dachas is so much easier.

BTW, expect the age-class warfare to grow exponentially in the coming years as our society ages and upward mobility for our youths dries up. It won’t be very long until the progressive/commie/obammuists have low information voters convinced that the elderly are an unnecessary burden on society and must go. You know, unnecessary eaters. It’s pretty much SOP for fascists.


87 posted on 05/29/2013 9:07:19 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: blam
Go pound sand, i’ve been capitalizing on them for 20 years!
88 posted on 05/29/2013 9:07:34 AM PDT by dalereed
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To: blam

If a business can increase its profit with price
discrimination,then it should consider doing it.Another example is the difference between tourist and first class tickets.


89 posted on 05/29/2013 9:08:10 AM PDT by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: AnotherUnixGeek
What exactly have senior citizens (these days increasingly composed of the ultimate 'Me Generation', the Baby Boom generation) done to earn it?

Well.... at least one or two of the 'baby boom' generation spent their money RAISING YOU and didn't opt out for an ABORTION.

90 posted on 05/29/2013 9:08:27 AM PDT by UCANSEE2 (The monsters are due on Maple Street)
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To: Right Brother

When a business voluntarily chooses to give discounts to certain groups of people it’s not an entitlement, it’s a business decision. If you choose to not take advantage of the discounts available to you that’s your choice, I myself don’t coupon or sale hunt, but there’s nothing wrong with the people who decide to take advantage of the discounts voluntarily offered. Those discounts were offered specifically to get THEIR business after all.


91 posted on 05/29/2013 9:08:29 AM PDT by discostu (Not just another moon faced assassin of joy.)
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To: ZULU
there was a time when seniors were indeed more respected....that was before reverse mortgages,AARP,adult only housing,children banned on some airlines, restaurants, etc...

there was time when older voters would never vote to make things worse for their children and their grand children..

there was a time too when children were revered...

I'll take whatever discount I can....but seniors don't need it....most seniors have more than enough money...

I think families with young children should get lots of discounts...they should get their own close in parking spots too....now that would make sense...

92 posted on 05/29/2013 9:09:02 AM PDT by cherry
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To: Mr. K
I hear more and more young citizens complaining about paying into SS when all they hear is that is will be broke 20 years before they ever retire.

I heard the same -- in the mid 1960s.

Never thought SS would be around, but it still is.

I paid in for 40 years, so it doesn't bother me one iota to get that monthly check.
93 posted on 05/29/2013 9:10:06 AM PDT by TomGuy (.)
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To: AnotherUnixGeek

They successfully became a part of a targeted and desired demographic.


94 posted on 05/29/2013 9:11:00 AM PDT by discostu (Not just another moon faced assassin of joy.)
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To: Right Brother
I can easily ask how the discount 'helped' the wealthy older couple? 'Help' is generally offered to one "in need". So we automatically assume all seniors are in need of 'help'? Why does all this entitlement mentality pervade a conservative website?

You should back up a bit and ask yourself, does a business-owner offer a senior discount because he feels seniors "need help," or for another reason?

Once you discover what the other reason is, you'll stop complaining.

95 posted on 05/29/2013 9:11:31 AM PDT by 1rudeboy
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To: Lazamataz

“My life story. Now that I qualify. Some expletive person wants to cancel it?”....

Yes, the Libs want to take the SENIOR discounts away and give them to the illegals here in the U.S. They give the illegals everything else,why not discounts too?

The seniors pay the price for being honest all these years and actually paying taxes. They SHOULD be honored with discounts.


96 posted on 05/29/2013 9:11:39 AM PDT by DaveA37 (I'm for HONEST government)
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To: blam

I rant about this all the time. Age discrimination pure and simple.


97 posted on 05/29/2013 9:11:46 AM PDT by lakeman (Semper Fi)
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To: kcvl

“Alex Mayyasi, a graduate of Stanford University’s International Relations program, “

One wonders WHO paid for Alex’s EDUCATION ? Would it be his ‘senior citizen’ parents ?


98 posted on 05/29/2013 9:12:38 AM PDT by UCANSEE2 (The monsters are due on Maple Street)
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To: TomGuy
whether a business gives a senior discount or not is none of YOUR business.

What about if a government does it? Whether you are for it or against it, I would think that would make it everybody's business...at least in the local community where it is or is not applied.
99 posted on 05/29/2013 9:13:44 AM PDT by mmichaels1970
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To: blam

There are two sets of Baby Boomers: the younger ones and the older ones. Many of the younger ones (like myself) getting into technical/trade jobs during the 1970s have had too many low paying jobs since then. We’ve seen some benefits for old folks overused and revised away from us.

Even at this late date, I’ll join the younger folks in seeing the seniors’ discounts (especially on property taxes) go away as soon as possible. Most of the local government jobs and other higher paying jobs around me continue to be held by the older Baby Boomers, and they’ve been getting mighty socialist about their politics for some time. They’re the established, and they do their best to try to prevent all others from even having homes (feeds rental business, excessive energy uses for current and former government employees investing in all local energy distributors, rental properties, etc.).

More recently, when they see something that they want (something that can be swiftly resold), they simply take it, file charges based on any one of several crazy, new laws and/or judicial incursions against civil rights, and make excuses as they go. They own both political parties.


100 posted on 05/29/2013 9:14:29 AM PDT by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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