Joe Biden Usa Washington president pandemic economy inequality Joe Biden Usa Washington

Rescue aid package may reduce inequality, but for how long?

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WASHINGTON – Democrats have celebrated President Joe Biden’s $1.9 trillion COVID-19 relief plan as a blow against one of America’s most entrenched economic woes: The vast inequality that divides the richest from the rest — a gap made worse by the viral pandemic.

Hailed as the biggest anti-poverty package in generations, the plan delivers huge benefits to low- and middle-income families.

It sends $1,400 checks to most adults and extends $300-a-week unemployment aid for six months. Perhaps most significantly, it greatly expands a child tax credit and turns it into steady income for poor families.

All told, experts say, the package will reduce child poverty by nearly half. Yet for how long? As ambitious and expensive as it is, the American

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