Poverty Rate Lower than Clinton Era
Econopundit, Steve Antler graphs the poverty numbers for children and comes to a startling conclusion. Poverty is down. The source data for his graph is the U.S. Census Bureau.
I’M SO CONFUSED. I THOUGHT PEOPLE WERE JUST GETTING POORER AND POORER.
Let’s use the same source, the Census Bureau, to look at the percentages of Americans and Americans in families living in poverty:
| TERM | AVG % ALL | AVG % FAMILIES |
|---|---|---|
| Reagan I | 14.7 | 13.3 |
| Reagan II | 13.5 | 12.0 |
| Bush 41 | 13.8 | 12.4 |
| Clinton I | 14.3 | 12.8 |
| Clinton II | 12.3 | 10.7 |
| Bush 43 | 11.9 | 10.2 |
It actually looks like George Bush has the lowest poverty levels in a generation. Not since the end of the Carter years has the percentage of the U.S. population in poverty been so low. Why don’t we read that on the front page of the paper?
