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Welfare Cost $746 Billion Last Year – More Than Social Security or Basic Defense

October 22, 2012
Giacomo
10/20/2012

By the end of 1963, the poverty rate in the United States was around 19%.  In his 1964 State of the Union address, President Lyndon B. Johnson introduced his War of Poverty program.  The first part of the War of Poverty was the enactment of the Economic Opportunity Act of 1964 which launched the Head State and Job Corps programs along with others to help those in poor families find a way out of poverty.

The second part of Johnson’s War on Poverty was the Social Security Act of 1965 which led to the creation of Medicare and Medicaid.  These programs were the first stages of a national healthcare system, providing federal health insurance for seniors and poor families.

In time, the poverty level dropped significantly in the U.S., but not necessarily because of Johnson’s War on Poverty, but largely due to an overall change in the nation’s economy.  The poverty level in 2006 was only 12.3%.  However, that level has been steadily climbing ever since and President Barack Obama’s War on Middle Class has been a large contributor to the increase.

And now… the rest of the story. …..
One Comment leave one →
  1. October 23, 2012 2:14 am

    Any way we want to look at this it we have to stop population growth and return to policy all immigrant most have sponsor responsible that the persons does not become a public charge

    You can find more help from the left on this. The Right got caught up with religious politics.
    The fact is you guys cannot have it both ways. And Romney is crazy if he keeps saying like tonight that we have to help the world become democracy and free enterprise economy.

    Mitt had diarrhea of the mouth tonight with the deferential help of Sheffer. Obama kept waiting to answer..but he did not appear if he did answer, decided to stand on the record..

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