Archive: Money Culture
The drop in a key poverty measure to a historic low was an immediate result of Congress increasing the child tax credit in 2021 to make more families eligible and help them cope with COVID-19. The policy was particularly effective in reducing poverty in the Black community, according to researchers at Howard University, the University…
The earnings gap between women and men remains stubbornly large. So even a little progress counts as good news. One group of women made some gains during the pandemic. Let’s use the term middle class as shorthand for someone earning between 40 percent and 60 percent of all workers’ wages. The Economic Policy Institute (EPI)…
