war on poverty
2 statements across 1 episodes · 0 bullish · 2 bearish · 2 people on the record · first statement Aug 18, 2023 by David Sacks · across every show →
Everything said about war on poverty, oldest first
Aug 18, 2023 bearish
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.”
Aug 18, 2023 negative
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…”