War On Poverty
topic on 2 shows · 4 statements across 3 episodes
4 statements about War On Poverty, every show
Gramm: Prime-age poor employment fell from 68% to 36%
“When the war on poverty started, 68% of the poor people in America worked. That number is now down to, and that's prime work-age persons, ok? Now it's down to 36%.”
Chamath: LBJ's War on Poverty triggered family destruction and wealth stagnation
“When we introduced, or when we, I'm talking collectively, we, Lyndon Johnson, really, the war on poverty, that had an inexorable change in the dynamics of America, in black wealth, in white wealth, in the trapped amount of wealth, the destruction of nuclear fa…”
Sacks: Wealth redistribution fails because it creates welfare dependency
“Declaring a simple war on poverty that's based around redistribution doesn't work because what we've seen is that it also creates a lot of dependency. And so a lot of these policies backfire. So simplistic redistribution is not going to solve the problem.”