Yes, it’s also true that all poverty can be reduced if you give people more money, that’s maths, but it may not be the most effective use of spending to create long term systemic change. That’s why we have evidenced based reviews of things like SureStart. Otherwise, why bother, just give money away.
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https://ifs.org.uk/news/abolishing-two-child-limit-would-be-cost-effective-way-reducing-child-poverty-no-silver-bullet
As Sam says there's much research on the impact of reducing child poverty.