US Poverty rate lowest on record

2,935 Views | 62 Replies | Last: 7 days ago by YouBet
Logos Stick
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Not only that but.... median household income hit a record high!!!

People are prospering under this admin!

Dang ol Trump, man!


MouthBQ98
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AG
And yet, we as a group will myopically put Democrats back in power to derail it all because we quickly forget what true leftist misery is like when we've had a run of prosperity.
YouBet
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AG
So, when we all laughed at Trump yesterday about claiming the best economy ever...he could argue he's right.
torrid
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AG
So when do we start seeing our tax breaks as presumably all these people are no longer on welfare?
Burdizzo
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AG
"Poverty rate" is an outdated term. We have moved on to "affordability".

Please update your talking points.
MemphisAg1
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AG
If things are as rosy as claimed in the OP, then the Republicans are a lock to expand their majorities in the midterms because voters will reward them.

And that pesky consumer survey that just recorded its second-lowest reading ever must just be a figment of someone's imagination. Created out of thin air simply to throw shade at Trump.

Lol, the spinning is reaching new levels of delusion when diesel is at $6, mortgages are at 7%, and more people than ever are buying groceries on "get now, pay later" credit.

Keep it up. We just have to tell the little people in a louder voice that everything is hunky dory and they will love us.
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Deliberate sarcasm of course. The constant spinning and refusal to acknowledge reality is making Trump's team seem disconnected from the average voter, and they won't like it when they go to the polls in November.
Bull Meachem
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Would the OP believe the Census Bureau if a Democrat was in office?
Rapier108
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We have the richest and fattest poor people in the world.

And "affordability" really means "I don't have enough money at 25-30 to live like a king." I quit caring about people who whine about "affordability" when the same people spend tons of money on the latest cell phones every year, nicest cars, 2-3 vacations a year (many overseas), order Door Dash at least once a day, spend $20 a day on coffee, etc. etc. etc.
"If you will not fight for right when you can easily win without blood shed; if you will not fight when your victory is sure and not too costly; you may come to the moment when you will have to fight with all the odds against you and only a precarious chance of survival. There may even be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves." - Sir Winston Churchill
TxSquarebody
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Democrats, by policy position, shrink the middle class by growing poverty. Government reliance is a core principle of dem strategy. You should already know this. So, back to you, would YOU even believe it??
Logos Stick
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Perception is reality. Liberals are very good at propaganda and messaging!
Gnome Sayin
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But the price of eggs, man! The price of Eggs!
Martin Cash
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AG
All it took was $40 trillion in debt.
Bull Meachem
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TxSquarebody said:

Democrats, by policy position, shrink the middle class by growing poverty. Government reliance is a core principle of dem strategy. You should already know this. So, back to you, would YOU even believe it??

I question anything the government publishes, regardless of who is where.
YouBet
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AG
Frankly, I'm not sure we really know what the truth is anymore on much of this. We have so many conflicting economic metrics that you can't really make sense of it all.

That's one reason why we see the K economy in the headlines because it explains some of that seeming conflict, but not all of it.
MemphisAg1
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AG
Logos Stick said:

Perception is reality. Liberals are very good at propaganda and messaging!

Keep trying to sell that message. Tell people their economic hardships are not real. See how that works out at the polls.
Ag_of_08
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Ah, the "numbers are fake when my guy is not in office, but the govt doesnt manipulate or lie when he's not".

Meanwhile repossessions, delinquency etc is climbing.
YouBet
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AG
The offset of that median income increasing is that 95% of people are just spending that increase and charging up the cards as they go. Ain't nobody saving that money.
bobbranco
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AG
MemphisAg1 said:

Logos Stick said:

Perception is reality. Liberals are very good at propaganda and messaging!

Keep trying to sell that message. Tell people their economic hardships are not real. See how that works out at the polls.


CNN says the American public is hurt by Republicans. American public says yes I like more money and dislike Republicans.

GASLIGHT me please.


No amount of logic is going to convince the illogical that orange man isn't so bad that we should all vote for socialists in 2026. He wants to vote for a socialist who wants to kill the O&G industry, dismantle capitalism, open the borders, ban guns, legalize abortion up to birth, allow men to play girls sports and hang out in women's locker rooms, and pay for trans surgeries for little kids. SIGNED txags92
bobbranco
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AG
Ag_of_08 said:

Ah, the "numbers are fake when my guy is not in office, but the govt doesnt manipulate or lie when he's not".

Meanwhile repossessions, delinquency etc is climbing.

Maybe don't lend to illegals that skip out on the bill...


No amount of logic is going to convince the illogical that orange man isn't so bad that we should all vote for socialists in 2026. He wants to vote for a socialist who wants to kill the O&G industry, dismantle capitalism, open the borders, ban guns, legalize abortion up to birth, allow men to play girls sports and hang out in women's locker rooms, and pay for trans surgeries for little kids. SIGNED txags92
BusterAg
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AG
Bull Meachem said:

Would the OP believe the Census Bureau if a Democrat was in office?

Are you saying that the Census Bureau is lying about this?

I'm not afraid of calling out lying data.
ErnestEndeavor
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The Bank of America CEO was on CNBC the other day saying new credit card defaults are down year over year.

We will see how long that lasts.
Logos Stick
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MemphisAg1 said:

Logos Stick said:

Perception is reality. Liberals are very good at propaganda and messaging!

Keep trying to sell that message. Tell people their economic hardships are not real. See how that works out at the polls.


Poverty is down, median income at record, and wages are beating inflation. Not sure how to convince someone who is delusional that what they believe is not real.

Liberals believe men can get pregnant. /shoulder shrug

ErnestEndeavor
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Real wage increases this year have not kept up with inflation. That's the number to look at.

Quote:


From August 2025 to August 2026, real average hourly earnings decreased 0.3 percent, seasonally
adjusted. The change in real average hourly earnings combined with a 0.6-percent increase in the
average workweek resulted in a 0.3-percent increase in real average weekly earnings over this period.



https://www.bls.gov/news.release/realer.nr0.htm

Real hourly wages down, but average work week longer. People working more hours to make ends meet (second job, overtime, etc.).
Mac94
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AG
I don't doubt the census numbers ... the problem is they are an incomplete picture. They only show a snapshot of the "inflow" part of the equation.

In 2020 the average household income was listed at a shade above 85K ... so the 87K+ is a roughly 2.6% increase since.

But now let's look at the "outflow" ... food prices over the same time period have gone up over 30%, housing about the same., etc

Therein lies the problem.
Bull Meachem
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BusterAg said:

Bull Meachem said:

Would the OP believe the Census Bureau if a Democrat was in office?

Are you saying that the Census Bureau is lying about this?

I'm not afraid of calling out lying data.

Lying is a little strong. Manipulated? Probably.
Logos Stick
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ErnestEndeavor said:

Real wage increases this year have not kept up with inflation. That's the number to look at.


LOL. I literally just posted the chart showing they have!
Ag_of_08
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AG
.... didni say they should? Have endorsed any democrat positions at all?

No, I said the govt lies, and people make up talking points depending on who's in power.


The ivory tower the right has built has reached the same heights as the left, and those not on it are stuck regurgitate talking points...
ErnestEndeavor
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Per the BLS average hourly real wages decreased year over year compared to August 2025. The average work week increased which made up for the loss.
Ag_of_08
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AG
Except you didn't. You posted a chart that glazes over actual expenses because this govt, like the last, doesn't want to admit devaluation is the problem, not inflation as designed by their sunshine pumping metrics.

It feels like Franchione is in charge of our govt at the moment...
GeorgiAg
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AG
All lies. People can barely afford to Door Dash tacos to their house and have to scrape money together to buy Venti Mocha Lattes at Starbucks.
Logos Stick
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Ag_of_08 said:

Except you didn't. You posted a chart that glazes over actual expenses because this govt, like the last, doesn't want to admit devaluation is the problem, not inflation as designed by their sunshine pumping metrics.

It feels like Franchione is in charge of our govt at the moment...



Real wages already subtract inflation. You're arguing CPI is too low - that's a different claim. Bring a better price index.
Logos Stick
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ErnestEndeavor said:

Per the BLS average hourly real wages decreased year over year compared to August 2025. The average work week increased which made up for the loss.


Point taken, but at worst you can argue it's break even. And the fact that we have an economy that allows people to do that is a good thing.
infinity ag
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I don't believe in this rosy picture. So many people I know are struggling still. Many have given up looking for a job.

We are still in deep sheet. These stats are cooked up in creative ways.

Example:
I have $300k with me. If I tell people that, no one is impressed.
So I buy a $3 Million house with $2.7M mortgage. Now I am able to impress everyone with my fancy house!
Everyone thinks that I have made it. The loan you say? I will figure something out...later
bobbranco
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AG
Ag_of_08 said:

.... didni say they should? Have endorsed any democrat positions at all?

No, I said the govt lies, and people make up talking points depending on who's in power.


The ivory tower the right has built has reached the same heights as the left, and those not on it are stuck regurgitate talking points...

Go back and read my comment.


No amount of logic is going to convince the illogical that orange man isn't so bad that we should all vote for socialists in 2026. He wants to vote for a socialist who wants to kill the O&G industry, dismantle capitalism, open the borders, ban guns, legalize abortion up to birth, allow men to play girls sports and hang out in women's locker rooms, and pay for trans surgeries for little kids. SIGNED txags92
Logos Stick
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On average, 20 million people are fired each year... in a NORMAL year.

Knowing people who have been fired and are unemployed in any given year is pretty normal thing.

The only thing concerning to me is that companies are not hiring new grads at the same rate because of AI - 5.6% UE versus overall of 4.2%.
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