WashingtonTimes: The president last month declared the widening gap between rich and poor as “the defining challenge of our time,” and Democratic candidates are expected to pick up that theme on the campaign trail rather than debate deficits and the complications of Obamacare.When LBJ declared an "unconditional war on poverty in America" in January of 1964...
In spite of the administration’s anti-poverty efforts, however, the government reported this week that poverty by some measures has been worse under Mr. Obama than it was under President George W. Bush. The U.S. Census Bureau reported that 31.6 percent of Americans were in poverty for at least two months from 2009 to 2011, a 4.5 percentage point increase over the pre-recession period of 2005 to 2007.
Of the 37.6 million people who were poor at the beginning of 2009, 26.4 percent remained in poverty throughout the next 34 months, the report said. Another 12.6 million people escaped poverty during that time, but 13.5 million more fell into poverty.
Mr. Rector said the war on poverty has been a failure when measured by the overall amount of money spent and poverty rates that haven’t changed significantly since Johnson gave his speech.
“We’ve spent $20.7 trillion on means-tested aid since that time, and the poverty rate is pretty much exactly where it was in the mid-1960s,” he said.
...a young up-and-comer called this sham out for what it was in October of that same year...
It shouldn't take another 50 years to admit that the politics of Big Government have yet again failed miserably.
Related link: LBJ'S War on Poverty and Reagan's Retort