published in Jacobin
The stimulus payments during the COVID-19 pandemic have certainly sparked controversy in the American public. Some say they are necessary to support workers who lost their jobs, others to stabilize an economy teetering on the edge of depression, while others see them as "handouts" or methods of redistribution that the government should not be controlling. Bruenig discusses the most recent stimulus bill, which although excludes the $15 minimum wage that many were pushing for, does include reforms on tax credits that could significantly reduce poverty rates in the United States in the years to come.
571 days ago