America’s borrowing binge has long been viewed as sustainable because of historically low interest rates. But as rates rise, the nation’s fiscal woes are getting worse.
Tag: American Rescue Plan (2021)
-
Factory Jobs Are Booming Like It’s the 1970s
U.S. manufacturing is experiencing a rebound, with companies adding workers amid high consumer demand for products.
-
Giving People Money Is a Great Way to Reduce Poverty
Dozens of pilot programs and the success of the Child Tax Credit show the merits of a guaranteed income.
-
Stimulus Spending Drove Poverty Lower Again in 2021, Census Bureau Reports
A measure that accounts for all federal subsidies showed that fewer people experienced severe economic hardship, while health insurance coverage rose.