When the Covid-19 pandemic started, many people expected inequality to get worse in the U.S. But at least for the bottom 50% of Americans, something surprising happened: Many of the least advantaged boosted their wealth. To start to understand why, we look to cash payments. No-strings-attached money went to people in need in the form of federal stimulus, the child tax credit — and local guaranteed income programs. As pandemic rescue aid wanes, is there a path to making monthly cash payments permanent? Reporter Susan Berfield looks to Jackson, Mississippi, to find out.

<p>When the Covid-19 pandemic started, many people expected inequality to get worse in the U.S. But at least for the bottom 50% of Americans, something surprising happened: Many of the least advantaged boosted their wealth. To start to understand why, we look to cash payments. No-strings-attached money went to people in need in the form of federal stimulus, the child tax credit &mdash; and local guaranteed income programs. As pandemic rescue aid wanes, is there a path to making monthly cash payments permanent? Reporter Susan Berfield looks to Jackson, Mississippi, to find out.</p>

The pandemic created a global economic crisis that economists and experts expected would lead to greater wealth inequality than ever before. Host Rebecca Greenfield along with a team of Bloomberg News reporters heads to seven countries around the world to find out what this world changing event has wrought. What they found was surprising.

<p>The pandemic created a global economic crisis that economists and experts expected would lead to greater wealth inequality than ever before. Host Rebecca Greenfield along with a team of Bloomberg News reporters heads to seven countries around the world to find out what this world changing event has wrought. What they found was surprising.</p>

The Pay Check

More than 150 years after the end of slavery in the U.S., the net worth of a typical white family is almost seven times greater than that of the average Black family. Season 3 of The Pay Check digs into into how we got to where we are today and what can be done to narrow the yawning racial wealth gap in the U.S.Jackie Simmons and Rebecca Greenfield co-host the season, which kicks off with a personal story about land Jackie's family acquired some time after slavery that they're on the verge of losing. From there the series explores all the ways the wealth gaps manifests and the radical solutions, like affirmative action, quotas, and reparations, that can potentially lead to greater equality.

U.S.: Where Cash Made All the Difference

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5f692fb3-9398-4031-b954-ae990128d1e4/transcript

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