U.S. child poverty rates drop to record low
Census Bureau data released Tuesday shows America's child poverty rate plunged in 2021, accelerating a decade-long decline. The decline was spurred by government assistance programs including pandemic-era aid. But August’s inflation numbers also show that the price for essentials like food, rent and medical care are still rapidly rising, putting pressure on low-income families in particular. We dig deep into these two important pieces of economic data and what they tell us about what’s happening on the lower end of the income spectrum. And cryptocurrency gets greener. Plus, Twitter’s legal versus moral obligations. Guests: Axios' Felix Salmon, Brady Dale and Dan Primack Credits: Axios Today is produced by Niala Boodhoo, Sara Kehaulani Goo, Alexandra Botti, Lydia McMullen-Laird, Fonda Mwangi, Alex Sugiura, and Ben O'Brien. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893. Go deeper: America's successful war on poverty (story in draft) The everywhere inflation The Merge is 2022's second biggest crypto event (story in draft) Twitter shareholders approve Elon Musk's $44 billion takeover offer