$16+ trillion dollars spent on poverty and welfare programs since 1964.
Result – virtually the same percentage in poverty now as back then.
$16+ trillion dollars. To put this in a BlueCollar perspective…
In 1964, the poverty rate was 19% (36.5 million people). And, since then, 125.7 million people have been added to our U.S. population (191.9 million then, 317 million+ now).
If the U. S. government gave $98,700 to each of the 19% in poverty in 1964, and to every one of the new 125.7 million as they arrived (birth, immigration, etc.)…
…in a zero-sum world, the poverty rate in the United States would conceivably be…0%.
But today’s poverty rate in the U.S. is still over 15%.
That’s 47.6 million Americans still living in poverty.
Way to go, Democrats.