If you look at a chart of the rate of poverty in the United States, you’ll see a dramatic decrease from when they started tracking it in 1958 to when the Great Society legislation was passed. Then after the legislation was implemented, the poverty rate leveled off. Doesn’t this demonstrate that the legislation wasn’t necessary and could have stopped prosperity?
In total, the United States spends nearly $1 trillion every year to fight poverty. That amounts to $20,610 for every poor person in America, or $61,830 per poor family of three. But not all of the money gets to the impoverished. Given that tHe poverty line is just $18,530, we should have theoretically wiped out poverty in America many times over.” But there are 126 programs to facilitate this wealth transfer, which incur their own costs. Why not just give people a pro-rated amount of money directly to the poor raise them above the poverty line?