Ziliak and Moffitt argue for bigger Safety Net response to Covid-19 crisis

UKCPR Director James Ziliak and Johns Hopkins Economics Professor Robert Moffitt have authored a new analysis in The Hill on the need for a more robust federal response to mitigate the enconomic impact of the coronavirus. They cite job losses not seen since the Great Depression and devastating shocks to household incomes as evidence for the need to "Deploy the Safety Net." Their article compares federal responses during the Great Recession of 2007-09 to prop up safety net programs -- such as SNAP, unemployment insurance, the Earned Income Tax Credit and housing vouchers -- to current legislative efforts to ease economic suffering. Those efforts in 2007-09 helped keep 4.5 million people out of poverty, but the current response to economic shocks has been anemic. Read the May 14 article in The Hill.