PDA

View Full Version : The War on Poverty After 50 Years




CaseyJones
09-16-2014, 07:30 PM
http://www.heritage.org/research/reports/2014/09/the-war-on-poverty-after-50-years


Abstract
In his January 1964 State of the Union address, President Lyndon Johnson proclaimed, “This administration today, here and now, declares unconditional war on poverty in America.” In the 50 years since that time, U.S. taxpayers have spent over $22 trillion on anti-poverty programs. Adjusted for inflation, this spending (which does not include Social Security or Medicare) is three times the cost of all U.S. military wars since the American Revolution. Yet progress against poverty, as measured by the U.S. Census Bureau, has been minimal, and in terms of President Johnson’s main goal of reducing the “causes” rather than the mere “consequences” of poverty, the War on Poverty has failed completely. In fact, a significant portion of the population is now less capable of self-sufficiency than it was when the War on Poverty began.

This week, the U.S. Census Bureau is scheduled to release its annual poverty report. The report will be notable because this year marks the 50th anniversary of the launch of President Lyndon Johnson’s War on Poverty. In his January 1964 State of the Union address, Johnson proclaimed, “This administration today, here and now, declares unconditional war on poverty in America.”[1]

Since that time, U.S. taxpayers have spent over $22 trillion on anti-poverty programs (in constant 2012 dollars). Adjusted for inflation, this spending (which does not include Social Security or Medicare) is three times the cost of all military wars in U.S. history since the American Revolution. Despite this mountain of spending, progress against poverty, at least as measured by the government, has been minimal.

lots more at link...

phill4paul
09-16-2014, 07:38 PM
Never give up! We need to fight this unto the last dollar from a working mans paycheck!.

HOLLYWOOD
09-16-2014, 07:43 PM
Hmmm, LBJ in 1964 eh?

Paul Harvey, 1965


https://www.youtube.com/watch?v=n0FF13u13WE

CaptUSA
09-16-2014, 07:51 PM
Hmmm... That didn't work?!

http://leftofthemark.com/wp-content/uploads/2011/12/Paul-Krugman-confused-idiot.jpg


Lord Keynes, tell me what to do...

http://www.addictinginfo.org/wp-content/uploads/2013/03/63d33183-afd8-4780-9377-5e135f6f2186.jpg


I've got it! Spend more!

http://static4.businessinsider.com/image/504ed3c96bb3f7367b000012/paul-krugman-the-deficit-is-basically-solved.jpg

http://www.redstate.com/uploads//home/redstate/sites/redstate.com/blogs.dir/1/files/2012/11/krugman-swilling-wine-e1352642200863.jpg

euphemia
09-16-2014, 08:01 PM
The War on Poverty might more accurately be called The War on the Poor and Middle Class. Basically this policy has made it almost impossible to get out of poverty, and has created a permanent underclass. We have watched our standard of living drop every year. We might not be actually poor, but we are certainly not making headway thanks to higher taxes and more regulation.

Ronin Truth
09-16-2014, 10:19 PM
Let me SWAG, as in almost all government "Wars on _______" projects, after TRILLIONS down the rat hole, we've now got MORE poverty requiring more TRILLIONS to REALLY fix. Correct?