Believe it or not, this number is growing. Jenifer Zeigler of the Cato Institute talks about how our nation’s habbit of just throwing money at this issue has done very little to stop ever-increasing reported cases of poverty.
“Well, one candidate believes the solution is to spend more money on social programs, while the other believes the solution is to spend more money on … social programs. Since 2000, Temporary Assistance for Needy Families (the traditional welfare program) spending has increased 6 percent. What did we get for that money? A higher poverty rate. Obviously a stagnant economy and poor job market are responsible for the increase in those living below the poverty line. However, spending more money on social programs is not raising them back out of poverty.” (full article)
Sphere: Related Content
