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That dip was due to Covid stimulus. Also, more than 1% of Americans live on less than $3 a day.
(hexbear.net)
this post was submitted on 27 Nov 2025
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Pardon the link to politifact.
https://www.politifact.com/factchecks/2016/mar/02/bernie-s/sanders-welfare-reform-more-doubled-extreme-povert/
Remember in 2019 when Bernie referenced this 2013 study and began saying this on the campaign trail:
And then news media went fucking bananas trying to call him a liar? Well, one of the ways they did that was by regularly referencing a newer study(PDF) that found that wasn't true at all. Now by not true, did they mean that people actually had more than 2 dollars a day? Nope. They basically counted government assistance as cash and called it a day.
Anyway, here's some financial wonk making the argument that the poverty line is more realistically at $136,500.
https://www.yesigiveafig.com/p/part-1-my-life-is-a-lie
The argument for the $136,500 makes sense, and honestly they could easily have bumped up the food prices. Thanks for sharing