Official poverty fell to 10.2% — so why does the better measure show almost no change?

The new poverty numbers are out, and the headline looks like good news: official poverty dropped to 10.2%, a third straight annual decline. But Justin Wolfers explains why that single statistic hides more than it reveals — and why the broader "supplemental" measure tells a very different story.

Subscribe:

on YouTube 👉 https://youtube.com/platypuseconomics

on Substack 👉 https://newsletter.platypuseconomics.com

on Apple Podcasts 👉 https://podcasts.apple.com/us/podcast/platypus-economics-with-justin-wolfers/id1523898793

on Spotify 👉 https://open.spotify.com/show/4sOVMPFJmCROADLMDdDwjs

Follow on Social Media @PlatypusEconomics and @JustinWolfers

Official poverty fell to 10.2% — so why does the better measure show almost no change?The new poverty numbers are out, and the headline looks like good news: official poverty dropped to 10.2%, a third straight annual decline. But Justin Wolfers explains why that single statistic hides more than it reveals — and why the broader "supplemental" measure tells a very different story.Subscribe:on YouTube 👉 <a target="_blank" rel="noopener noreferrer nofollow" href="https://youtube.com/platypuseconomics">https://youtube.com/platypuseconomics</a>on Substack 👉 <a target="_blank" rel="noopener noreferrer nofollow" href="https://newsletter.platypuseconomics.com">https://newsletter.platypuseconomics.com</a>on Apple Podcasts 👉 <a target="_blank" rel="noopener noreferrer nofollow" href="https://podcasts.apple.com/us/podcast/platypus-economics-with-justin-wolfers/id1523898793">https://podcasts.apple.com/us/podcast/platypus-economics-with-justin-wolfers/id1523898793</a>on Spotify 👉 <a target="_blank" rel="noopener noreferrer nofollow" href="https://open.spotify.com/show/4sOVMPFJmCROADLMDdDwjs">https://open.spotify.com/show/4sOVMPFJmCROADLMDdDwjs</a>Follow on Social Media @PlatypusEconomics and @JustinWolfers

Think Like an Economist and you'll see the world more clearly, empowering you to make better decisions at work, at home, and in your community. Leading economists Betsey Stevenson and Justin Wolfers will take you on a joyous romp through their field as they introduce you to the big ideas in economics, and show how you can apply them to live in your own life. Their signature approach reveals that every decision is an economic decision and this podcast uncovers the economic forces that shape the world around you. Betsey and Justin believe that economics is a superpower, and they want to teach you to fly.

Think Like an Economist and you'll see the world more clearly, empowering you to make better decisions at work, at home, and in your community. Leading economists Betsey Stevenson and Justin Wolfers will take you on a joyous romp through their field as they introduce you to the big ideas in economics, and show how you can apply them to live in your own life. Their signature approach reveals that every decision is an economic decision and this podcast uncovers the economic forces that shape the world around you. Betsey and Justin believe that economics is a superpower, and they want to teach you to fly.

Think Like An Economist

What If We Just Gave Poor People Money?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/fe526076-8caa-4f36-abf7-b4d50137c309/transcript