Stephen Moore, an economist and informal adviser to President Donald Trump, on Sept. 20 highlighted recently released census data showing that the U.S. poverty rate declined to the lowest level on record in 2019.
The Census Bureau and Bureau of Labor Statistics (BLS) released a report on Sept. 15 which showed that both the poverty level dropped to 10.5 percent last year, the lowest on record, while the median household income rose to $69,000, the highest on record.