The chart above is from the Economic Policy Institute. It shows that poverty increased in the United States in 2020. The poverty rate rose by 0.9 points to 11.4% for the entire population. It was even worse for children -- rising by 1.7 points to 16.1%. How can the richest nation on the planet justify over 16% of its children living in poverty?
The poverty rate was also different for different groups, even though it rose in 2020 for all groups. Poverty among Whites rose by 0.9 points to 8.2%. Poverty among Hispanics rose by 1.3 points to 17.0%. And poverty among Blacks rose by 0.6 points to 19.3%. We still have a lot to do to make the economy fair to everyone.
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