Racial Disparities
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…
Numerous articles have appeared here in recent months about the ways that racial disparities are infused into our financial and economic systems. Two barriers to Latinx and Black workers’ ability to save, for example, are less health insurance coverage and more burdensome student loan payments than White workers have. Or consider the different long-term housing…
