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De Omnibus Dubitandum - Lux Veritas

Thursday, April 3, 2014

The War on Poverty — $21 Trillion Later

April 2, 2014 by Matthew Vadum

Fifty years and trillions of dollars after the “War on Poverty” was launched, poor Americans aren’t much better off, according to a study published by Republican reformers in Congress.  The War on Poverty has barely made a dent in actual poverty, states the 205-page report unveiled last month by the House Budget Committee, which is chaired by Rep. Paul Ryan (R-Wisc.).

The paper, created in the hope of starting a discussion in Congress about reforming America’s bungled poor-relief programs, came out before Ryan released the GOP’s new budgetary blueprint yesterday that lays out how to balance the budget in 10 years. That document calls for reducing federal government spending by $5.1 trillion over a decade largely by getting a grip on out-of-control social programs. The House Budget Committee could vote on the fiscal plan as soon as Friday. Leadership in the Democrat-dominated Senate, which hasn’t even tried to adopt a budget in recent years, isn’t planning to craft a fiscal blueprint this year, either.  
 
The heart of the War on Poverty report is its observation that most federal poverty-alleviation programs are essentially useless or incapable of having their impact measured in the real world.
 
 
My Take - Okay, so where did all this money go? It all went to a giant kleptocracy of government bureaucrats, beltway bandits and a jillion academics.

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