Something to always remember when looking at the official poverty rate (10.2% in 2025) is that it doesn't count 90 percent of welfare spending as income.
The 2026 Jack R. Lee Distinguished Speaker is Dr. Charles Calomiris. He and I will have a lively Fireside Chat covering a broad array of topics, centered on three main areas. Join us for the free livestream. Note the time is Central Time. Please reX (or reTweet, if you will). @ToddZywicki@MarkCalabria@lendolC@EmilyCompagno