During COVID we sent a bunch of checks to a bunch of people.
Somehow it backfired because when we stopped (and have an economy some people brag about) child poverty is a third higher than it was only two-and-a-half years ago.
The child tax credit payments did more to alleviate child poverty than almost anything else this country has done… of course it couldn’t last because poor people have to suffer.
So yeah… ending it would make the child poverty rate go right back up.
Before those tax credits existed child poverty was one-third lower.
Maybe we SHOULD continue them another few years
but we should recognize that sending gobs and gobs of checks and child tax credits to people resulted in a a sharp spike in child poverty.
“Mom what should I do?
I keep digging and digging but the hole gets deeper and deeper”
It’s insensitive, but I’m going to blame the parents for this, rather than any political policy or world event.
Millennials are having kids now, and as much as the world has changed since they’ve been born, they should know better. No excuse for having children so close to the edge that they fall over into poverty during these mild times.
It took two to create the child and it takes two to raise the child for the best potential outcome. A single parent home is the single greatest problem in our country and is what is the largest contributor to child poverty, youth violence and for the majority of murders in this country. Once they become adults, they’re ill prepared for the responsibilities of adulthood, have children and exacerbate this problem even further in the next generation. The US is now several generations down the road.
Inflation is a huge driver especially those on the lower income spectrum. When 61% of the country lives paycheck to paycheck we’re likely one financial crisis away before the big crush. You never hear people in government talk about less spending and strengthening the dollar, just spend, spend, spend.
Silly response. A single-parent home is always going to have a harder economic time (unless the single parent is wealthy) than a home with 2 able-bodied parents. The reality is that the majority of single-parent homes will be led by a mother, not a father. Often that single parent mother will come from a middle to lower-income family and have limited resources.