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Old 02-22-2013, 07:31 PM   #185
patteeu patteeu is offline
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Quote:
Originally Posted by Loneiguana View Post
You agree with this?

"The official poverty rate, which counts the number of people whose income falls short of some minimum level, did not come down as the economy rose. While poverty shrank by a quarter in those golden Kennedy-Johnson years, it was actually higher at the end of the Reagan boom than in 1979."

I thought you said poverty decreased.
Or are you failing at reading comprehension again?
Yes, I agree with that. The poverty rate declined after Reagan cut top marginal tax rates. It's pretty easy to see in the graph in post 77.
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