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The Covid-19 Pandemic s Boost to Wages Will Be Costly and Short-Lived
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Inflation is coming — and the fear of it could become self-fulfilling
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Congress Ends Welfare Reform as We Know It POLITICO 3/10/2021 © Provided by POLITICO mag noah lede.jpg
The $1.9 trillion Covid stimulus that the House is expected to pass Wednesday includes roughly $100 billion in aid to families with dependent children.
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If that phrase rings a bell, it’s because “Aid to Families with Dependent Children” was the name of the New Deal-era welfare program eliminated by President Bill Clinton’s 1996 welfare reform bill. Back then, Democrats worried (with some reason) that AFDC enabled, for some families, long-term dependency on welfare. To limit time spent collecting welfare and to move low-income mothers off the dole, Congress passed the Personal Responsibility and Work Opportunity Act.