The US’s record low poverty in 2019 is too good to be true – Reports

The US’s record low poverty in 2019 is too good to be true

The US Census bureau today reported a slew of economic improvements for Americans in 2019.

Last year’s strong economy led to the lowest poverty rate since 1959—10.5% compared to 11.8% in 2018. Real median household income, meanwhile, grew by 6.8% to $68,700. The increases were even higher for foreign-born households (8.5%), women (7.8%), and Asian workers (10.6%).

But those figures, which are based on a nationwide survey, are likely too good to be true. The agency said Covid 19-related…

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