Poverty rates drop in U.S.

No, it can’t be true. Aren’t we in the midst of the worst economy in 50 years? And how could Bush’s tax cuts to the rich actually help the poor? From Captain’s Quarters:

For the first time in years, even the Census Bureau has noted a drop in American poverty, mostly among Hispanics. For the elderly, the poverty rate hit a low not seen since the Eisenhower administration — and given the rather loose definition of poverty in America, the data seems compelling that the pro-growth policies of the last 25 years have delivered on their promise.

You have to be registered at the New York Times to read the story that the Captain refers to.