The document discusses progress that has been made in reducing extreme poverty globally. It notes that in his 1949 inaugural address, Harry Truman stated that over half of the world's population was living in conditions of misery. While it took longer than Truman hoped, there has been significant progress made between 1990 and 2010 - the number of people living in extreme poverty (defined as less than $1.25 per day) fell by half, a reduction of almost 1 billion people. As of 2013, 1.1 billion people still lived below the extreme poverty line.