Biden’s America: Child Poverty Rate Has More Than Doubled in a Year, US Census Bureau Reports
New data shows that even as President Joe Biden proclaims Bidenomics has transformed America for the better, that’s not necessarily so.
According to data from the Census Bureau, according to what is known as the Supplemental Poverty Measure, America’s child poverty rate more than doubled from 2021 to 2022. The rate was 5.2 percent in 2021 and 12.4 percent in 2022.
The supplemental measure of poverty, according to the Census, was below the official measure of poverty in 38 states, higher in three, and more or less the same in nine.
In releasing the data, the Census said that “the expiration of temporary expansions to the Child Tax Credit (CTC) and the Earned Income Tax Credit (EITC) as well as the end of pandemic-era stimulus payments” were seen to “lead to increases in SPM poverty.”
The data led the Wall Street Journal to scold the president in an editorial headlined “The Census Exposes Bidenomics.”
“The annual census data tell the real story of Bidenomics: A gusher of unprecedented and unnecessary social-welfare spending helped to produce the highest inflation in 40 years that has made Americans poorer.
