Tag: Great Recession

Why Are We Cutting the Nation’s Nutrition Assistance Program for the Poor and Disabled?

On November 1, tens of millions of Americans learned that the assistance they received from the federal government to purchase groceries was reduced. Maximum monthly benefits for a family of four fell from $668 to $632, and for a single person the maximum benefit fell from $200 to $189. Who is going to be effected

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Going from Crisis to Crisis is Bad for the Economy

The Cost of Crisis-Driven Fiscal Policy, a study conducted by Macroeconomic Advisers on behalf of the Peter G. Peterson Foundation, finds that the uncertainty created by the on-going short-term spending bills and perpetual brinksmanship around the debt ceiling has pushed the unemployment rate 0.6 percentage points higher than it would otherwise have been this year.

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