David_42
Registered Democrat.
- Aug 9, 2015
- 3,616
- 833
- 245
- Thread starter
- #121
Seems valid until you take into account 2008, the trillions spent on war..Guess they're all deadbeats..Food stamps. Unemployment benefits. Social security. Earned income tax credits.
Do these social welfare programs work? Yes, according to a new study from the Pew Charitable Trusts.
Safety nets like food stamps prevent millions more people from struggling to put food on the table, says Jake Grovum, who analyzed the data for the Pew Charitable Trusts.
Consider Grovum’s findings:
These numbers are important. US lawmakers have long struggled to show exactly how and where certain types of government assistance are helping Americans stay out of poverty.
- For people of all ages, the official poverty rate in the US was 14.5%. That’s equivalent to 45.3 million people.
- Without food stamps, the poverty rate would be 17.10% – another 8 million Americans would be living in poverty.
- Without social security, the poverty rate for Americans 65 and older would be 52.67% instead of the current 14.6%.
- Without tax credits like the federal earned income tax credit, poverty for children under 18 would be 22.8% instead of the official poverty rate of 19.9%.
Nobody, on the right or the left, wants more people to live in poverty. Yet America has a dismal record on poverty for an advanced nation. Already, over 14% of US households have experienced food insecurity. One in seven Americans live in poverty, including one in five US children. Of all the millions of unemployed people in the country, fully one-third have been out of work for 27 weeks or more.
Welfare programs shown to reduce poverty in America
War on poverty: US spent $15 trillion over 5 decades
Next: Fox
January 8, 2014 6:24 PM MST
Months after JFK's assassination, Lyndon Johnson told congress and the nation that he was declaring "an unconditional war on poverty in America." Five decades and $15 trillion later, that war is lost.
Taxpayers have been bilked trillions of dollars.
Back in 1964, America's poverty rate was 19 percent. Today, it's 15 percent and the number is rising thanks to failed programs. The government borrowed money and forced taxpayers to spend $15 trillion in anti-poverty programs. However, bureaucrats and politicians have not been held accountable for squandering America's wealth.
War on poverty: US spent $15 trillion over 5 decades