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Optimist Economy

What You Don’t Know About Poverty

Optimist Economy

Kathryn Anne Edwards and Robin Rauzi

Public Policy, Economics, Government, Economy

4.9829 Ratings

🗓️ 5 August 2025

⏱️ 48 minutes

🧾️ Download transcript

Summary

About 11% of Americans have a household income that puts them below the official government threshold for poverty. Is poverty a state of being, or a risk? Are the poor people themselves the root cause of poverty? Or are they the outcome of a low-wage labor market that churns people in and out of work? Because how you diagnose the problem matters if you’re looking for solutions. Economist Kathryn Anne Edwards tackles three major misconceptions about poverty.

Support the Optimist Economy podcast by becoming a paid subscriber on Substack, or donating at https://buymeacoffee.com/optimisteconomy

Transcript

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0:00.0

Pull yourself up at your bootstraps.

0:02.9

You need to fix your mom.

0:10.5

Hello and welcome to Optimist Economy.

0:12.2

I'm Catherine.

0:13.2

I'm Robin.

0:14.5

On this show, we believe the U.S. economy can be better,

0:16.6

and we talk about how to get there one problem and solution at a time.

0:27.3

Yeah. we talk about how to get there one problem and solution at a time. We have a website, optimisteconomy.com.

0:30.1

We have an email address, optimist.commy at gmail.com.

0:33.5

I know we just recorded the question and answer episodes, but we will always take your questions and save them.

0:41.0

Sometimes we'll answer them. Or we'll just save them like squirrels gathering acorns for our next question and answer episode.

0:47.1

On optimisteconomy.com, you can find our Buy Me a Coffee page to give us money, which we desperately need, or subscribe to our

0:56.7

substack where you can keep in touch and also give us money, which circling back we still

1:00.8

desperately need.

1:02.0

Just looping back on that.

1:03.9

I'm just going to circle back to that.

1:05.8

I mean, consider for a moment, y'all, like, if we're this awkward asking people who

1:09.6

like us for money, can you imagine how well we're doing with, like, rich donors? Yeah. No, we'll get there. We'll get there. We'll get there. We'll get there. We're to get there. And I really, I should point out that there are actually hundreds of you who have given us money in varying amounts. and it's really heartening and it really is making a

1:30.0

difference for us. So thank you. Optimist, we cannot thank you enough every little dollar

1:35.6

amount. It's not just how much it supports production of the show, but just how reaffirming it is

1:40.5

for Robin and I that we're talking into a microphone, but we are connecting with people. and so it means a ton. Now, we don't want to play favorites, but someone did give money to the show with the note, my estate attorney shall be in touch, signed Jeff Bezos's son.

2:00.5

I do think the best part was that I wrote this,

...

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