Century Village, Pembroke Pines, apartments with elevators that replaced outside staircases

Michael Harrington s (1997) The Other America, Poverty in the United States, originally published in 1962, identified eight million elderly living in poverty. But 

Tourism, agriculture, and the elderly are identified by the Florida Department of Elder Affairs (2009 140) as the three legs of the Florida economy. Bill Haas (1990), of the University of North Carolina s Institute for the Future of Retirement, estimates that the economic impact of a retiree household moving to a state is the equivalent of 1.4 factory jobs. The Florida Department of Elder Affairs (2009) states that direct spending by mature Floridians and the value of their federal health benefits is about 150 billion and that Florida s elderly represented a net benefit of 2.8 billion in taxes in the year 2000. Each month in 2004, 3.5 billion in Social Security and military retirement benefits were received by Elorida residents and resulted in 75 billion in direct and indirect spending. Mormino (2005 145) points out that between 1985 and 1990, the elderly transferred 8 billion in assets into Florida while transferring out only 1.8 billion. 

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Fig. 102.18 Century Village, Pembroke Pines, apartments with elevators that replaced outside staircases...

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