| Are senior citizens only half as valuable to the national economy than the rest? According to this article http://money.cnn.com/2008/02/13/pf/taxes/rebates_seniors/index.htm qualifying seniors will only get back up to one half ($300) of what those under 65 years of age will get in rebates (up to $600), which suggests as consumers seniors are only about one half as valuable for the national economy. Even given statistics that might suggest seniors don't spend as much compared to the rest of the population, they don't need "less" when it comes to living expenses, and in many cases they need more money because of not getting enough aid to cover health issues. Social security is so low many seniors need to work low wage jobs. You might argue that since they pay less tax in general given less of the elderly are employed they deserve less back, but the primary rational for the rebate was to give each consumer more spending power to put money back into the hands of those who create less profits for businesses if they stop spending. There's no guarantee anyone will simply go out and spend the rebate no matter what age the person is. So, why treat seniors with equity instead of equality (i.e., they don't get the same as everyone else they get "what they deserve")? |