Here’s a remarkable chart showing that we spend about $60,000 on various welfare programs for every poor household in America. And what are we getting for that giant expenditure of money? Well, as this other chart shows, our progress in the fight against poverty came to a screeching halt right about the time that the politicians in Washington launched the so-called War on Poverty.
This video contains more analysis, for those who want to learn about the best way of actually reducing poverty. It’s important to remember, after all, that the welfare state has a human cost that is just as important as the fiscal cost.
