Decades Of Gains Over Poverty At Risk Of Being Wiped Out

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The escalating coronavirus pandemic could reverse decades of gains in the fight against poverty, as U.S. government aid for the vulnerable dries up. In the early months of the crisis, the federal Cares Act, which gave an extra $600 a week in unemployment assistance and $1,200 stimulus checks, helped prevent poverty from dramatically deepening. But that lifeline for low-income earners is being cut.

Unemployment benefits are set to expire for millions of workers in late December and talks over a new stimulus package have stalled — just as some states reimpose job-hammering lockdowns to halt a surge in cases.

Read more at BloombergQuint.

{Matzav.com}


4 COMMENTS

    • Lockdowns are for your safety so that innocent people not get hurt – nothing to do with any medical sickness. Go read the news. Don’t wait for fake news to spoonfeed you.

    • No. Then people will die, hospitals overrun, u will not medical attention. This is a painful time. Pandemics end and it usually takes 2.97 years give or take 1.3856 years. We will be fine.

  1. Shame on the Dems for preventing a new stimulus package. They tried to stick in money for all their pet projects.
    They claim they are the party for the common man but nothing can be further from the truth. They care about ideas and concepts and narratives not people

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