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Using consumption poverty instead of income poverty as their measurement tool, researchers from the University of Notre Dame, the University of Chicago ...
New evidence complicates the leading narrative around short-term benefits of the expanded child tax credit.
On welfare reform’s 25th anniversary, experts ponder how to measure success
© iStock Two new Federal Reserve reports lend strong support to the resilience of the economy despite the COVID-19 pandemic and its recession. The first report, on the economic well-being of U.S. households, shows that most people enjoyed continuing well-being in 2020.The executive report of the broader survey is here; this discussion is based on their more focused results. The second report, an update of the distribution of wealth of U.S. households since 1989, shows that wealth rose rapidly in 2020. Some critics will dismiss this achievement, claiming this was only for the rich and white...
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