Biden didn't crash the economy, he gets no credit for all that, right?
stop giving him credit for it rebounding then, fair is fair
but if ya'll want to give credit ? lets do it
we could go on and on and on and while any news is good news in Biden's economy .... perspective matters
The U.S. poverty rate saw its largest one-year increase in history.
12.4% of Americans now live in poverty according to
new 2022 data from the U.S. census,
an increase from 7.4% in 2021. Child poverty also more than doubled last year to 12.4% from 5.2% the year before.
https://time.com/6320076/american-poverty-levels-state-by-state/
SEPT. 12, 2023 — The U.S. Census Bureau announced today that real median household income in 2022 fell in comparison to 2021
The U.S. Census Bureau announced today that real median household income in 2022 fell in comparison to 2021.
www.census.gov
new U.S. census data shows the child poverty rate
more than doubled in 2022
The federal pandemic-era child tax credit expansion lifted millions of children out of poverty in the second half of 2021. But Congress allowed it to expire at the end of that year, and new U.S. census data shows the child poverty rate more than doubled in 2022, erasing the record gains that...
www.nevadacurrent.com
The poverty rate rose from 11.7% in fall 2021 to
13.2% in the first quarter of 2023, according to the California Poverty Measure (CPM), a research effort by PPIC and the Stanford Center on Poverty and Inequality that accounts for housing costs and safety net benefits.Oct 24, 2023
July 8, 2023It's not shocking: The average real wealth of US middle class households has fallen more than $33,000 this year alone.
Inflation is leveling off, consumers are spending, the housing market is stabilizing and unemployment remains at historic lows, even though the job market cooled slightly in June.
www.bloomberg.com