A welcome bit of news, but keep in mind that a lot of this is due to a growing number of people finding full-time work that pays only slightly above the poverty threshold.
I personally don't think we should celebrate too much about more people getting low-wage jobs with no benefits, but who still have to work full-time. The poverty line is kind of arbitrary anyway, tbf; more and more Americans could be considered parts of the working poor now.
However, in terms of the boost to consumer demand that this development will likely bring, it is a positive sign for the economy. But the good news
has to be qualified.
Let's keep in mind, though, that a certain political party has done everything possible to make everyone who doesn't pay more in capital gains taxes than in other taxes (IOW: normal people) poorer and more miserable than ever, and has been publicly blaming "the Kenyan Marxist in the White House" for the economic recovery being slow and uneven. And for the War on Coal, and the War on Christmas, and ISIL, and Putin being evil, and...
In spite of all that: Things are improving. THANKS OBAMA.
