Friday, June 29, 2012
After Massive Welfare Spending, Poverty Levels Remain the Same
Despite an unprecedented increase in federal anti-poverty spending, the national poverty rate has not declined, the study finds...
Federal welfare spending in fiscal year 2011 totaled $668 billion, spread out over 126 programs, while the poverty rate that remains high at 15.1 percent, roughly where it was in 1965, when President Johnson declared a federal War on Poverty.
Throwing money into wasteful, inefficient, even counter-productive welfare programs is not good government.
And, obviously, it isn't good charity either.
Here's more of the CNS news story.