Fifty Years of a Failed War on Poverty
On today’s edition of Coffee and Markets, Brad Jackson is joined by Robert Rector to discuss the War on Poverty 50 years after it began, the astonishing amount of taxpayer money that has been spent on the various programs and why the official statistics have barely budged.
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The War on Poverty: failure redefined as success
On the 50th anniversary of Lyndon Johnson’s “War on Poverty,” Robert Rector of the Heritage Foundation posted a devastating after-action report pronouncing it “a colossal flop” at the Daily Signal: Since its beginning, U.S. taxpayers have spent $22 trillion on Johnson’s War on Poverty (in constant 2012 dollars). Adjusting for inflation, that’s three times more than was spent on all military wars since the American Revolution. | Read More »
Is ‘Income Inequality’ the Democrats and Obama’s new ‘War on Women’ for 2014?
As a long-time loyal Republican and “political observer” I marvel at the ability of President Obama and his Democrat Party message machine to concoct or resurrect wedge issues that are captured in catchy phrases and used to successfully polarize the nation. The phrase is then turned into fundraising gold, ground up into red meat to feed base Democrat voter groups, used to demonize Republicans, positioned to | Read More »
A Little Sugar Coating and Bit of Demagogy is a Recipe for National Suicide by Regulation
One of the most odious aspects of regulation is the fact that it usually comes in a sugar coated package. Typically they are the result of a law that is intended to “help” everyone or “protect” some group or to give an advantage to a group whose members are perceived to be disadvantaged. It’s that sugar coating that makes regulations so difficult to challenge. If | Read More »
The Debt Ceiling and the Democrat’s Xbox War on Poverty
The debt ceiling talks fell apart on Friday as President Obama insisted on $400 billion in new taxes to pay for more government spending. Imagine if he didn’t have to spend those $400 billion over the next decade. Is it possible that there is $400 billion of waste in the budget somewhere? Where might that be? How about amongst the impoverished? What do most Americans | Read More »
Art of the achievable
“The central conservative truth is that it is culture, not politics that determines the success of a society. The central liberal truth is that politics can change a culture and save it from itself.” Tip O’Neill [D, MA], 2nd longest serving Speaker of the House, 1977-1987 In 1964, under President Lyndon Johnson, Democrats had a two-thirds majority in the House of Representatives [295 seats | Read More »
A Poverty Of Thinking
There is in this world an enmity, born of envy, toward the rich from the poor. Don’t read that sentence as if it is a lament; it’s merely a statement of observable fact. In fact, understandable fact. This is not, after all, the petty envy of seeing your neighbor’s fifty-inch television. The envy born from poverty is deep and painful. Poverty, even the comparatively milder | Read More »