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    Explore "economic support" with insightful episodes like "Without Expanded Child Tax Credit, Families Are Sliding Back Into Poverty" and "Will helicopter money save us from the coronavirus crisis?" from podcasts like ""Consider This from NPR" and "This is Money Podcast"" and more!

    Episodes (2)

    Without Expanded Child Tax Credit, Families Are Sliding Back Into Poverty

    Without Expanded Child Tax Credit, Families Are Sliding Back Into Poverty
    It can be hard to see how big government policies have a direct effect on an individual's experience. But it was easy to measure the difference made by the expanded child tax credit.

    Giving more money to low-income families with children had a big impact. After the expanded child tax credit took effect, child poverty hit a record low of 5.2% a year ago.

    But less than a year later, Congress let it expire. New census data shows that child poverty has more than doubled.

    Host Ari Shapiro speaks with pediatrician and researcher Megan Sandel, who has seen the health consequences for kids play out in real time.

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    Will helicopter money save us from the coronavirus crisis?

    Will helicopter money save us from the coronavirus crisis?
    Britain has been told to stay at home, pubs have been ordered to shut and you’re not even allowed to go to the gym instead.

    The coronavirus crisis has turned the consumer economy upside down. Businesses and workers risk going bust on an almost unprecedented level, unless a rescue plan that works can be cooked up.

    Cutting interest rates and quantitative easing was the medicine in the financial crisis, but that’s not working this time round, so is it time to start up the helicopter and drop some money.

    Helicopter money, people’s QE and a universal basic income are three of the highly unusual measures suggested, as we go through the back of the financial looking glass.

    All involve handing out money directly to people and businesses to combat a global economic crisis triggered by pressing the pause button, but is that wise?

    On this week’s podcast, we discuss why rescue attempts so far have failed to stop share prices falling, how Chancellor Rishi Sunak stepped things up with a £350billion bailout plan, and what might happen next, with ideas such as helicopter money, people’s QE and universal basic income.

    We also discuss how the interest rate cut to a historic low of 0.1 per cent will affect borrowers and savers, how brave investors can buy in if they are willing to risk some money on a future bounce back, and why supermarkets are unable to keep up with panic buying.

    And finally, if the podcast audio isn’t up to the usual standards, please accept our apologies, we are working hard to make sure we can keep recording without access to a studio.