Biden and his team are boasting of the great success of “Bidenomics,” but then even the New York Times is moved to report:

Poverty Rate Soared in 2022 as Aid Ended and Prices Rose

Poverty increased sharply last year in the United States, particularly among children, as living costs rose and federal programs that provided aid to families during the pandemic were allowed to expire. The poverty rate rose to 12.4 percent in 2022 from 7.8 percent in 2021, the largest one-year jump on record.

Here’s what it looks like in chart form—and look at how it was going under Trump:

More here from our pal Steve Moore.