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Philanthropy aids in poverty decline

Philanthropy aids in poverty decline

Axios Re:Cap

October 13, 202114m 39s

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Show Notes

In 2020, the U.S. poverty rate declined as a result of stimulus checks and unemployment aid. What also helped in the decline? There was also an increase in cash programs from charities. Could “cash-in-hand” be a long-term solution to end poverty?

Axios Re:Cap talks with Axios’ future correspondent Bryan Walsh on how philanthropic organizations are using cash assistance and what cash can’t fix.