The Devastatingly Low Bar of “Official” Poverty
We now have new numbers to confirm what everyone who received a $1,200 stimulus check or extra unemployment benefits over the summer likely already knows: Additional government money is a good thing during an economic collapse. As The New York Times reported this week, two recent studies have found that over the last few months, between six to eight million additional people officially fell below the poverty line, in the absence of renewed government aid, after several provisions in the Cares Act expired in July. Читать дальше...