Monday, August 11, 2008
This Day in the History of Terrible American Leadership
On this day in 1964, the U.S. Congress approved a major 'War on Poverty' bill called the Economic Opportunity Act. The U.S. government has spent $7.4 trillion on anti-poverty programs since the bill passed. Yet the poverty rate is 12.7 percent, just 2.4 percent lower than in the year the 'war' began. Which means about $3 trillion was spent for each point dropped. Wow, that was money well spent. Had they just handed out money, it would have been far, far cheaper.
Every so called war on a concept or product, 'poverty' 'drugs' and even 'terror' is a very bad idea.
Every so called war on a concept or product, 'poverty' 'drugs' and even 'terror' is a very bad idea.
Labels: Faux Wars
# posted by Roger Fraley @ 7:56 AM 
