Throw More Money At Poverty?
Sen. Obama thinks the solution to poverty is to throw more money at it. Star Parker disagrees:
The Washington Post reported this week that the federal government has in place over 80 poverty-related programs on which we spend in the neighborhood of $500 billion annually. Given the 37 million Americans that the Census Bureau tells us live in poverty, my calculator tells me this comes out to $13,500 spent per poverty-stricken person. Hardly indifference.h/t Double Toothpicks
Yet, says the Post, "despite" all this spending, tens of millions of Americans remain poor. And despite 40 years of bloated government and massive spending, with no impact on structural black poverty, Obama concludes we need even more of the same.
At least as incredible as the insistence of liberals on perpetuating failure is their absolute refusal to consider a single new idea.
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