Yes, and conversely, during recessions, the poor get it worse. If you look at black poverty rates for the last ~60 years, it has declined overall, from ~55% to

Yes, and conversely, during recessions, the poor get it worse. If you look at black poverty rates for the last ~60 years, it has declined overall, from ~55% to ~20%. But you can see every recession or economic dip in the graph as a bump in poverty rate.