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Podcast: Hardly Working with Brent Orrell
Episode: Dr. Alex Ruder on Benefits Cliffs
Description: When the Federal pandemic-related UI programs ended on September 6th, 2021, many Americans became aware of what low-income, government program-dependent Americans have long been aware of – a benefits cliff. This cliff occurs when public benefits taper off or phase out quickly, forcing beneficiaries to choose between earning more or maintaining what is often a vital subsidy. It is a classic Catch-22. These cliffs impact both short-term work incentives and long-term opportunities for growth in wages. On this episode of “Hardly Working”, am joined by Dr. Alex Ruder, the principal advisor of Federal Reserve Bank of Atlanta’s Community and Econ...