Trump Says We Have the “Best Poverty Numbers.” What?
It’s unclear what Donald Trump even means here.

America has the “best poverty numbers,” according to our billionaire president.
“We have the best, I guess you could say poverty, they talk poverty. We have the best poverty numbers ever in the history of our country,” Donald Trump told reporters outside the White House Sunday.
Trump was attempting to refer to U.S. economic growth statistics, correcting himself that the U.S. has “less poverty” now than it did before.
Trump: "We have the best, uhh, I guess you could say poverty. They talk poverty. We have the best poverty numbers ever in the history of our country." pic.twitter.com/W3cKHR8ReZ
— Aaron Rupar (@atrupar) September 27, 2026
A report published earlier this month by the U.S. Census Bureau supports that claim, revealing that poverty had dropped to a historic low in 2025 when just 10.2 percent of the population reported income below the federal poverty line. (That statistic is measured by comparing pretax income to household size. Last year, that threshold was $32,649 for a family of four.)
But that doesn’t mean that Americans aren’t struggling to afford food, housing, gas, health care, childcare, or other basic needs. Affordability is an entirely different metric.
For example, the median household income across New York City in 2025 was $86,900. However, a SmartAsset study found that single New Yorkers needed to make at least $158,954 that year to afford the basics (such as housing, groceries, utilities, and transportation) and cover the costs of a couple of hobbies.
Even in a region such as Texas, where the cost of living is 6 percent less than the national average, the cost of living outpaced incomes. In 2024, the median household income in the Lone Star State was $78,476. But single Texans needed to make at least $90,771 in order to live comfortably, per the SmartAsset study.
That enormous discrepancy is a part of the reason why the economy and the cost of living are ranked as the top two issues for Americans ahead of the midterm election, according to a Pew Research poll published in July.
Meanwhile, billionaires are making money hand over fist, concentrating and hoarding their assets while shrinking the economic pie for the workers who build their products. A Guardian assessment of global wealth in 2025 found that the richest 10 percent of the world’s population own 75 percent of all personal wealth, while just 0.001 percent of the world’s population—less than 60,000 people—control three times as much as the bottom half of humanity.
Trump himself would fit squarely within that demographic, as the 586th wealthiest person in the world (as of the time of publishing). The policies he’s crafted throughout his presidency have only stressed the wealth gap and abetted the ultra-elite, lining their pockets with millions of dollars while the rest of America’s pocketbooks grew by an average of just $1,200, according to an analysis by the Center for American Progress published earlier this month.
“The gains of the past year and a half have been overwhelmingly concentrated among the wealthiest Americans, while millions of families are still struggling with high levels of debt,” said CAP’s chief economist, Cristina Tello-Trillo, in a statement at the time. “Stock market benefits are not being shared equally, and the tax code has been flipped upside down to provide giveaways to wealthy business owners. The wealth gap is growing, making it harder for families in the middle and at the bottom to build lasting financial security.”



