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Tuesday, September 30, 2014

LBJ's War On Poverty - 50 Years Later

Click here for an article by Mark E. Andersen at Daily Kos from 2008, entitled "The Counteroffensive on the War on Poverty." That counteroffensive was launched by Ronald Reagan. When Johnson announced the "War on Poverty" in 1964, the poverty rate was 19%; today it's 15%. Not really astonishing improvement for 50 years, is it?

Well, when Reagan took office in 1980, after only 16 years, the rate had fallen to 11.4%. But after Reagan's counteroffensive "War on the Poor," it had risen to -- 15%, the same as it is today.

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