Philanthropy aids in poverty decline

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. Learn more about your ad choices. Visit megaphone.fm/adchoices