Politics

Trump Economist Touts Nations Record-Low Poverty Rate

Stephen Moore, an economist and informal adviser to President Donald Trump, on Sunday highlighted recently released census data showing that the poverty rate in the United States dropped to the lowest level on record in 2019. The Census Bureau and Bureau of Labor Statistics (BLS) released a report on Sept. 15 which showed that both the poverty level dropped to 10.5 percent last year, the lowest on record, while the median household income rose to $69,000, the highest on record. “In 2019 the poverty rate in the United States was lower than it has been at any time since they started measuring it in 1958,” Moore told raRead More From Source

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The Epoch Times

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