• vancent@lemmy.world
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    1 year ago

    Child poverty increased due to the expiration of the expanded child tax credit passed as a part of the American Rescue Plan. The expanded child tax credit had cut the child poverty level in HALF. Democrats were not able to renew the child tax credit due to opposition from Manchin and Republicans.

    The economy is doing well. Hand-wringing over issues that Democrats were not able to address as they did not have enough power in Washington is going to make things worse for everyone.

      • lateraltwo@lemmy.world
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        1 year ago

        So capitalism and its inability to properly weed out its regalith industries has a tendency to co-opt governance at the cost of the people

    • Seasoned_Greetings@lemmy.world
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      1 year ago

      Anybody with a shred of knowledge about the child tax credit knows exactly this. Biden’s economy is doing fine. It’s republicans repealing democratic policies that make the economy worse.

      Tale as old as time.