<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Economics on Boaz Sobrado's Website</title><link>https://boazsobrado.com/tags/economics/</link><description>Recent content in Economics on Boaz Sobrado's Website</description><generator>Hugo -- gohugo.io</generator><language>en</language><copyright>&amp;copy; 2026 &lt;a href="https://www.boazsobrado.com/">Boaz Sobrado&lt;/a></copyright><lastBuildDate>Sun, 01 Nov 2026 09:00:00 +0000</lastBuildDate><atom:link href="https://boazsobrado.com/tags/economics/index.xml" rel="self" type="application/rss+xml"/><item><title>When Boomers Were Young, the Young Came First. Now They Are Old, the Old Do.</title><link>https://boazsobrado.com/blog/2026/11/01/when-boomers-were-young-the-young-came-first.-now-they-are-old-the-old-do./</link><pubDate>Sun, 01 Nov 2026 09:00:00 +0000</pubDate><guid>https://boazsobrado.com/blog/2026/11/01/when-boomers-were-young-the-young-came-first.-now-they-are-old-the-old-do./</guid><description>This post was co-written with Claude Code.
When the baby boomers were starting work, the poorest people in America were the old. In the late 1960s, 27% of Americans over 65 lived below the official poverty line, against 16% of children.
Today the boomers are retiring, and the order has flipped. Poverty among the over-65s has fallen to 10%. Among children it is 15%, and for most of the past forty years it was closer to 20%.</description></item></channel></rss>