Poverty Is a Public Policy Choice

Source: In These Times
by Asha Banerjee & Ben Zipperer

“It should not have taken a pandemic to realize poverty is a public policy choice. Public investments in safety net programs continue to be extremely effective poverty reduction tools, as newly released Census income data show. Government social programs kept tens of millions of people out of poverty in 2021. Because of expansions to programs like unemployment insurance benefits and the child tax credit, poverty rates were actually lower in 2021 than they were prior to the Covid-19 pandemic. The poverty reduction achieved through expanded social insurance programs highlights how much policymakers’ choices can impact poverty. Unfortunately, some of the program expansions enacted in the pandemic have already been reversed, and cuts to programs like unemployment benefits and the child tax credit will increase household economic distress going forward.” (09/21/22)

https://inthesetimes.com/article/poverty-pandemic-child-tax-credit-unemployment-social-security