They are reporting accurately, but not completely. Unemployment is down, that is a fact. Inflation is down, also. Not the lowest it has ever been, but 3.7% is an improvement from a year or more ago. Did the Inflation Reduction Act have anything to do with that? I dunno. Depending on which outlet you use, you will get differing spins and/or emphasis. Which is why I tend to go to the raw data. It is readily available.

Based on the chart, the fluctuation in poverty is consistent with the past ~60 years. It's still not a good thing, but in terms of the trend I don't believe it is worse (or better) than it has been. Which is kinda sad. In 60 years we have made almost no difference, no matter whom had the reins of power.

(Caveat: maybe things would be worse if we hadn't been doing what we were doing for the past 60 years? I have no way of knowing that.)

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