Poverty Rate Lowest On Record As Incomes Set New High, Unemployment Claims Decrease: LBJ’s “War On Poverty” Was A BIG Failure
Poverty rate fell to the lowest level on record in 2025 while median household income climbed to a record high. Trump accomplished what LBJ’s “War On Poverty” failed to do: For the first EVER the official poverty rate dropped to 10.2% last year. Average household income rose by 2.6% to $87,460, the highest on record since 1967.