Poverty Myth
It’s often said that “the poor will always be among us,” and that there is little government can do to address poverty. But between 1964 and 1973, the U.S. poverty rate fell by nearly half as a strong economy and effective public policy initiatives expanded the middle class; and between 1993 and 2000, shared economic growth combined with policy interventions (e.g., enhanced earned income tax credit and minimum wage increase) cut child poverty.
