The latest video from our Economics 101 Series tackles poverty, an issue frequently used to pull heart-strings in support of big government policies. But as the video shows, big government redistribution schemes are not making the problem better, and are likely making it worse.
As the following chart from the video demonstrates, poverty was steadily falling until the so-called War on Poverty began, but has been mostly stagnant since.
Rather than rely on more redistribution and big government programs to reduce poverty, we need to turn to the free market and get American moving back toward more economic freedom, instead of less.
Special thanks to the narrator, Hadley Heath of the Independent Women’s Forum, for her and her organization’s help and support in producing this timely video.
