Tuesday, 7 January 2014

50 Years Later, War on Poverty Is a Mixed Bag - NYTimes.com

50 Years Later, War on Poverty Is a Mixed Bag - NYTimes.com

WASHINGTON — To many Americans, the war on poverty declared 50 years ago by President Lyndon B. Johnson has largely failed. The poverty rate has fallen only to 15 percent from 19 percent in two generations, and 46 million Americans live in households where the government considers their income scarcely adequate...

...But in the meantime, the greatest hope for poorer Americans would be a stronger economic recovery that brought the unemployment rate down from its current level of 7 percent and drew more people into the work force. The poverty rate for full-time workers is just 3 percent. For those not working, it is 33 percent.
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