| ▲ | 9rx 7 hours ago | |||||||||||||||||||||||||
> A $1200 check isn't going to suddenly lift a lot of people out of poverty "A lot" is subjective, I suppose. Concretely, it lifted 11.7 million Americans[1] out of poverty. That makes up approximately 30% of those who were in poverty prior to the stimulus. [1] https://www.commondreams.org/news/2021/09/14/incredible-covi... | ||||||||||||||||||||||||||
| ▲ | Aurornis 6 hours ago | parent [-] | |||||||||||||||||||||||||
That article is just making the same mistake I pointed out: It looks at the change in poverty during that time and claims it all came from the $1200 stimulus checks. A lot of things changed during that time, notably the job market. Getting a new job that paid $1/hour more would be more impactful than a $1200 stimulus check. People were getting raises much bigger than that. The checks were not the primary driver of the economic changes | ||||||||||||||||||||||||||
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