US Poverty Increasing 6-12-24

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

The SPM rate in 2022 was 12.4 percent, an increase of 4.6 percentage points from 2021. This is the first increase in the overall SPM poverty rate since 2010 (Figure 6 and Table B-2). The SPM child poverty rate more than doubled, from 5.2 percent in 2021 to 12.4 percent in 2022 (Figure 4 and Table B-3). Sep 12, 2023 

The US Poverty Rate increased under Bush 1, decreased under Clinton, increased under Bush 2, continued high under Obama, decreased under Trump and increased under Biden.

1990     13.5%  Bush 1

1991     14.2%

1992     14.8%

1993     15.1%  Clinton

1994     14.5%

1995     13.8%

1196     13.7%

1997     13.3%

1998     12.7%

1999     11.9%

2000     11.3%   Bush 2

2001     11.7%

2002     12.1%

2003     12.5%

2004     12.7%

2005     12.6%

2006     12.3%

2007     12.5%

2008     13.2%  

2009     15.1%   Obama

2010     15.1%  

2011     15.0%

2012     15.0%

2013     14.8%

2014     14.8%

2015     13.5%

2016     12.7%

2017     12.3%   Trump

2018     11.8%

2019     10.5%

2020     11.5%   Covid

2021     11.6%   Biden

2022     12.4%

2023     13.2%

https://www.statista.com/statistics/200463/us-poverty-rate-since-1990/

Comments

The US poverty rate will continue to increase as more illegal immigrants continue to take US jobs and disrupt US cities. The illegal count from 2021 to 2024 is 12 million and 65% of them have US jobs.

Norb Leahy, Dunwoody GA Tea Party Leader