Wednesday, September 17, 2014

$22 Trillion Spent On The War On Poverty

The United States has spent $22 Trillion on the War On Poverty, since the war was declared by Socialist President Lyndon Johnson in 1965, to no positive result.  The Poverty Rate in 1967 was 13.3%.  Today, the Poverty Rate is 14.5%.  But that is not the whole story.   Today, there are 109 million Americans getting some kind of government assistance and that does not include Social Security.  Of those, about 48 million are on Welfare and Food Stamps.  About 10 million are collecting Disability Benefits, many fraudulently, which is contributing to the bankruptcy of Social Security, since this money comes right out of the Social Security Trust Fund.   Our National Debt is now at $17.5 Trillion to fund many of these failed programs with no end in sight.

In the process, the federal government has destroyed the Black family, as 7 out of 10 Black babies are born out of wedlock often into poverty.    3 out of 10 White and 5 out of 10 Hispanic babies are also born out of wedlock, many into poverty.   We have greater alcohol and drug addiction than years ago.  High School drop out rates are very high in many states and about 25% nationally.    Our public schools, particularly in the inner cities of our country are a national disaster and crime against children.  We have the lowest Labor Participation Rate at about 62% in three decades.  The Middle Class is suffering as they are earning less in real terms than 30 years ago. 

The Socialist experiment has failed miserably demonstrating that government is the problem, not the solution as always stated by President Ronald Reagan.  The only people that have benefited from the War on Poverty are government workers, Poverty Pimps and elected officials living off the misery of the poor.  Yet, Socialists like Obama and his pals in government want to double down with even more money spent on programs that don't work and bigger government that has failed.   What is wrong with this picture. 

We need to end many of these government programs and focus again on limited government, lower taxes and less regulation to create economic growth and jobs as the best way to end poverty.   We need School Choice particularly in our inner cities so that poor parents can get their kids out of failing public schools.   We need to hold men responsible who father children, out of wedlock with multiple women, that they cannot provide support, by giving them jail time.  

Most important, we must change Welfare into Workfare, for the able bodied, by requiring either Community Work, or learning a trade to get government assistance and only for two years,  These are common sense free market capitalism solutions to ending poverty.  Obviously, after 50 years of failure, more Socialism is just more money down a rat hole.

No comments:

Post a Comment