Yes, Cash Transfers Work
In 2023, the United States produced $28 trillion worth of goods and services. The average family had a net worth of $192,900. Shares in American companies accounted for more than half of global-market capitalization. Yet one in eight Americans lived in poverty, as did one in seven children.The best way we have to help those people is to give them money. Year in and year out, Social Security lifts more than 20 million Americans above the poverty line; tax credits lift 6 million; and food stamps, ...
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