Sunday, July 23, 2017

POVERTY RATE IS HIGH NOW

The poverty rate has been as low as 11.1 percent in the 1970s; it rose under Ronald Reagan to approximately 15 percent and then fell to about 13 percent before rising again, then fell again under Bill Clinton to 11.3 percent before rising in the 2000s.


"America: The Forgotten Poor," Jeff Madrick, New York Review of Books, June 22, 2017, pp. 49-50.