2021-03-16 13:00:42

The End of Trickle-Down Economics? Joe Stiglitz on the “Transformational” $1.9T American Rescue Plan

President Biden has signed the $1.9 trillion COVID-19 relief package, which Democrats are hailing as the largest anti-poverty bill in a generation, the American Rescue plan. It includes stimulus checks to most adults, expanded unemployment benefits and an overhaul of the child tax credit. One study projects the law will lift almost 14 million Americans out of poverty, including 5.7 million children. “This is transformational,” says economist Joseph Stiglitz. “It says, 'We are actually going to live up — try to live up — to our aspirations.”

Democracy Now! produces a daily, global, independent news hour hosted by award-winning journalists Amy Goodman and Juan González. lOur reporting includes breaking daily news headlines and in-depth interviews with people on the front lines of the world’s most pressing issues. On DN!, you’ll hear a diversity of voices speaking for themselves, providing a unique and sometimes provocative perspective on global events. Missed an episode? Check out DN on FSTV VOD anytime or visit the show page for the latest clips.
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American Rescue Plan Amy Goodman Democracy Now! Free Speech TV Joe Stiglitz Stimulus Bill Trickle Down Economics United States

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