Skip to main content

Information is power. Our mission at Portside is to seek out and to provide information that empowers you -- that empowers the left. Every day we search hundreds of sources to connect you with the most interesting, striking and useful material. Just once a year we appeal to you to contribute to make it possible to continue this work. Please help.


Social Security, African Americans & Latinos

printer friendly  

'... the administration's willingness to limit cost-of- living increases for Social Security recipients will have a far greater impact on black and Latino senior citizens, boosting poverty. After a lifetime of what are often lower wages, higher-cost borrowing and a limited ability to save, 26 percent of black seniors and 25 percent of Latino seniors depend on Social Security for 100 percent of their income, compared to about 14 percent of white retirees, a December 2012 Economic Policy Institute analysis found. '