Recent news articles have heralded a long-term decline in the U.S. poverty rate to “the lowest level on record,” including a “sharp” “stunning” drop in child poverty. The articles cite progress on the Census Bureau’s broadest yardstick of poverty, known as the Supplemental Poverty Measure, as a triumph of public policy — an “example of Washington succeeding at something big.” A close look at the data, however, reveals a more nuanced story. Almost all of the cited progress on poverty stems from an increase in government payments to low-income people through safety net programs such as food stamps, housing and earnings subsidies and the child tax credit. Poverty measures that instead foc
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