I have heard numerous times that the future has gotten better. Poverty rates are on decline. Yet, seeing a commercial that 1 in 6 American children are hungry got me thinking. These sources, and others, have shown poverty in America has gotten much worse over the years. Due to things like automation, outsourcing, increased taxes due to pay for welfare from the poverty, things will only get worse in terms of these rates.
You should not make predictions in economics. I understand now. But, why have we heard so many times things are getting better in these rates and they are not? More people are hungry. Places like America, Europe, they are poorer. Poor may live better, but still not good.
So, my specific question is whether the total fraction of the US population that is poor is getting larger and under what definition of poverty. Thanks.