4 ms·

You are not surprised, yet your explanation is entirely about indirect effects, even though the cause is removal of tax credits and that $1400 EIP checks were s

You are not surprised, yet your explanation is entirely about indirect effects, even though the cause is removal of tax credits and that $1400 EIP checks were sent out in 2021 but not 2022.

starik36 3y ago
$1400 checks amounted to 8.8% of household income? I think the math is off here.
- mortehu 3y ago
  It's 1.8% of the median. Why are you assuming the tax credits were 0%?
- ethbr1 3y ago
  Look at table B-3 of the income report. https://www.census.gov/content/dam/Census/library/publications/2023/demo/p60-279.pdf https://www.census.gov/content/dam/Census/library/publicatio...