Political Quotes

On the recordSeptember 27, 1996
I say to my friend, the reason I mention States is these are real human beings, real people that go to work every day, hopefully, if that is possible, if they have a job. But these people get up every morning and go to bed every night--real human beings, 1.6 million of them are off poverty. That says a lot, I think. The poverty rate fell to 13.8 percent, the biggest drop in over a decade. In 1995, the poverty rate dropped from 14.5 percent to 13.8 percent. That is the largest 1-year fall in the poverty rate since 1984. Since President Bill Clinton's economic plan was signed into law, the poverty rate declined from 15.1 percent to 13.8 percent, the biggest 2-year drop in the poverty rate in 23 years. The Afro-American poverty rate dropped to its lowest level in history. I repeat: The Afro-American poverty rate dropped to its lowest level in history. In 1995, the rate declined from 30.6 percent to 29.3 percent. That is the first time it dropped below 30 percent and is the lowest level since data was first collected in 1959. The elderly poverty rate dropped to its lowest figure ever --ever--to 10.5 percent. Of people over the age of 65, only 10.5 of them are in poverty. That is tremendous. By far, that is the best of any country in the world. In 1966, 28.5 percent of American elderly lived in poverty. That was before Medicare came into being. Medicare has kept a lot of people off the poverty rolls. In 1995, the elderly poverty rate declined to 10.5 percent.
Said by
Harry Reid
Democratic · Nevada

Editor's note · Context

Discussing poverty rates and economic improvements in the U.S. during a speech.

Share

More from Harry Reid

Dec 28, 2021

Never in the history of the country, never in the history of the country have we produced more for a president and somebody that’s led his party than we’ve done together.

msnbc.com
May 4, 2021

I think Joe Biden is going to push very, very hard to get an infrastructure bill before the midterm election. I think that`s extremely important to do.

msnbc.com
Sep 30, 2021

The Senate is a place to kill things. It isn’t a place that you look to get things done.

msnbc.com
Jan 27, 2021

The filibuster is nondemocratic. It has been used to the disarray of the Congress. And, certainly, it hasn’t been anything that has helped -- been helpful to the American people. It’s got to go.

msnbc.com

Other voices in this conversation