$15 Trillion for What? The War on Poverty

Written by Gary North on June 28, 2012

Lyndon Johnson in 1965 announced a war on poverty. That became the political umbrella for what has turned out to be $12 trillion (in today’s dollars) down the proverbial drain. Another $3 trillion came from state and local governments. One of the most famous and enduring of Johnson’s programs was food stamps. The program has […]

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