http://www.ruthfullyyours.com/?p=65606
This week marks the 50th anniversary of Lyndon Johnson’s “War on Poverty,” and as the joke goes, “Poverty won.” Five decades after a blizzard of programs began descending on the American people, the poverty rate remains essentially unchanged.
That’s a little unfair. What counts as poverty today would not have seemed so impoverished 50 years ago, when many of the poor lived without electricity and were no strangers to hunger. Today, the biggest health problems of the poor are more likely to stem from obesity than from anything approaching starvation. Defenders of the war on poverty — and the massive bureaucracy that has built up around it — insist that underfunding is to blame.
That’s a tough sell. The Heritage Foundation’s Robert Rector estimates that we’ve spent $20 trillion on these programs — not counting Medicare and Social Security. We spend $1 trillion to $2 trillion more every year, depending on how you do the math. But, apparently for liberals, that’s still too stingy. Perhaps the problem isn’t how much we’re spending, but how we’re spending it.
If you drew a Venn diagram of where the hard Left and the libertarian Right agreed, the overlapping shaded part would include a bunch of social issues — gay marriage, drug legalization, etc. — but almost no economic issues. Save one: the universal basic income (UBI).