US Census Bureau data shows basic income works and successfully fights poverty.
Government assistance (cash payments) lifted 45.4 million Americans out of poverty in 2021, a Census Bureau press release claims. The Census Bureau estimates cash benefits lifted 38.9 million people out of poverty in 2021. Adding noncash benefits lifts raises the number to 45.4 million. Furthermore, Uncle Sam’s official child poverty metric, the Supplemental Poverty Measure (SPM), fell to the lowest recorded level in 2021, the Census Bureau claims. The Census Bureau claims the SPM fell by 46% in 2021 , falling from 9.7% in 2020 to 5.2% in […]
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