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This is just PR from the Economists, so that we think everything is fine. Its NOT! Just Google and find the mountain of evidence how the US fails its children a

by DonnyV 5y ago

This is just PR from the Economists, so that we think everything is fine. Its NOT! Just Google and find the mountain of evidence how the US fails its children and families.

lkbm 5y ago
We don't need to Google to find the mountain of evidence. The article starts out by saying the US has exceptionally high child poverty and spends relatively little trying to solve it: > America has long tolerated an anomalously high rate of poverty among children relative to other advanced countries—depending on how it is measured, somewhere between one in six or one in five children counted as poor. The reason why is not mysterious. The safety-net has always been thinnest for the country’s youngest: America spends a modest 0.6% of GDP on child and family benefits compared with the OECD average of 2.1%. It criticizes the roll-out of the program: > That does not mean that the roll-out has been flawless. To reduce administrative barriers, the credits are supposed to flow automatically from the Internal Revenue Service (IRS) to family bank accounts. However, a significant minority of American families have not filed tax returns in the past two years—meaning that eligible children are missing out. And reports that it's currently scheduled to expire despite great success: > All this progress is currently slated to be time-limited, though. Democrats in Congress only agreed to implement the enhanced payments for one year. No one read this article and thought "everything is fine". It's about how things are terrible and making it clear that we need to fund programs that help.
x86_64Ubuntu 5y ago
Mind you, that "current reducing != ended completely". While we are nowhere near being as performant as a Western European state, we are taking the correct steps even if for the wrong reasons (Covid pandemic).
45yu56bwedfg 5y ago
That's because Keynesian economists have studied absolute delusion. Thankfully we now have an Austrian economic system under Bitcoin that is fundamentally sound. We'll see how that plays out.
koboll 5y ago
"Things are getting substantially better" doesn't mean "everything is fine".
deleted 5y ago
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jcranmer 5y ago
Considering that the article points out the US's abnormally high child poverty rate, the difficulty the US has in actually getting the new child tax credits to those to whom it is warranted (since you have to file a tax return to get it, and the very poorest don't file tax returns), points out that the credits are only temporary and their permanent extension is not guaranteed, the article comes across not as "everything is fine" but rather as "this is a start, not the end--now keep at it!"
deleted 5y ago
[deleted]

by DonnyV 5y ago

This is just PR from the Economists, so that we think everything is fine. Its NOT! Just Google and find the mountain of evidence how the US fails its children and families.

lkbm 5y ago

We don't need to Google to find the mountain of evidence. The article starts out by saying the US has exceptionally high child poverty and spends relatively little trying to solve it: > America has long tolerated an anomalously high rate of poverty among children relative to other advanced countries—depending on how it is measured, somewhere between one in six or one in five children counted as poor. The reason why is not mysterious. The safety-net has always been thinnest for the country’s youngest: America spends a modest 0.6% of GDP on child and family benefits compared with the OECD average of 2.1%. It criticizes the roll-out of the program: > That does not mean that the roll-out has been flawless. To reduce administrative barriers, the credits are supposed to flow automatically from the Internal Revenue Service (IRS) to family bank accounts. However, a significant minority of American families have not filed tax returns in the past two years—meaning that eligible children are missing out. And reports that it's currently scheduled to expire despite great success: > All this progress is currently slated to be time-limited, though. Democrats in Congress only agreed to implement the enhanced payments for one year. No one read this article and thought "everything is fine". It's about how things are terrible and making it clear that we need to fund programs that help.

x86_64Ubuntu 5y ago

Mind you, that "current reducing != ended completely". While we are nowhere near being as performant as a Western European state, we are taking the correct steps even if for the wrong reasons (Covid pandemic).

45yu56bwedfg 5y ago

That's because Keynesian economists have studied absolute delusion. Thankfully we now have an Austrian economic system under Bitcoin that is fundamentally sound. We'll see how that plays out.

koboll 5y ago

"Things are getting substantially better" doesn't mean "everything is fine".

deleted 5y ago

[deleted]

jcranmer 5y ago

Considering that the article points out the US's abnormally high child poverty rate, the difficulty the US has in actually getting the new child tax credits to those to whom it is warranted (since you have to file a tax return to get it, and the very poorest don't file tax returns), points out that the credits are only temporary and their permanent extension is not guaranteed, the article comes across not as "everything is fine" but rather as "this is a start, not the end--now keep at it!"

deleted 5y ago

[deleted]