DYSPEPSIA GENERATION

We have seen the future, and it sucks.

New Video Shows the War on Poverty Is a Failure

4th October 2011

Read it. And watch the video.

Prior to the War on Poverty, the United States was getting more prosperous with each passing year and there were dramatic reductions in the level of destitution.

But once the federal government got involved in the mid-1960s, the good news evaporated. Indeed, the poverty rate has basically stagnated for the past 40-plus years, usually hovering around 13 percent depending on economic conditions.

Another remarkable finding in the video is that poor people in America rarely suffer from material deprivation. Indeed, they have wide access to consumer goods that used to be considered luxuries – and they also have more housing space than the average European (and with Europe falling apart, the comparisons presumably will become even more noteworthy).

My, what a surprise. Aren’t you surprised? I’m sure surprised.

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