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China’s elimination of extreme poverty over three decades remains a groundbreaking accomplishment. Through targeted interventions, poverty rates fell to zero by 2019.
The United States experienced the opposite. Extreme poverty has increased, with more than 4 million Americans surviving on less than $3 a day.
While U.S. productivity continues to rise, its benefits reach only a small fraction of the population.
The poorest Americans receive a national income share lower than the poor in several developing countries.
Tariffs, healthcare cuts, and reduced social support have contributed significantly to growing inequality. These outcomes stem from deliberate policy choices.