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The American Welfare State: How We Spend Nearly $1 Trillion a Year Fighting Poverty--And Fail

jmg11 Wrote: Apr 14, 2012 2:54 PM
The economic effects of illegal aliens are far reaching and, sorry lefty but you gotta hear this, almost all negative. Good point, they are a net drain on California.

On January 8, 1964, President Lyndon B. Johnson delivered a State of the Union address to Congress in which he declared an "unconditional war on poverty in America." At the time, the poverty rate in America was around 19 percent and falling rapidly. This year, it is reported that the poverty rate is expected to be roughly 15.1 percent and climbing. Between then and now, the federal government spent roughly $12 trillion fighting poverty, and state and local governments added another $3 trillion. Yet the poverty rate never fell below 10.5 percent and is now at the highest level in...

Related Tags: Welfare Fail