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The Federal Reserve can address income inequality by implementing a real time payment system. America’s slow payment system costs working families billions of dollars. Aaron Klein argues it’s past time the Federal Reserve catches up to rest of the world and implements a real time payment system.
Who was poor in the United States in 2017? The labor market is strengthening, but the poor still face significant barriers to working their way out of poverty. A new report from Lauren Bauer examines who was living in poverty in 2017 and what that means for designing policies to help the poor.
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