Inflation is down and the economy is doing better, but what's the point when poverty rates just skyrocketed to over 50% of the population [1]? Will it "trickle

Inflation is down and the economy is doing better, but what's the point when poverty rates just skyrocketed to over 50% of the population [1]? Will it "trickle down", like it never did anywhere? This seems not true. The poor in countries with high gdp per capita are much better off than in countries with low gdp per capita. They are also better off than the poor were in prior times when those countries had lower gdp per capita. So some kind of trickling down must have happened. It might be more convenient for your sense of moral indignation if it were otherwise but facts are facts.