Why welfare, minimum wage make it harder for poor Americans to succeed
By John Stossel
Published October 08, 2014
FoxNews.com
Fifty years ago, President Lyndon Johnson declared “War on Poverty.” It sounded great to me.
I was taught at Princeton, “We’re a rich country. All we have to do is tax the rich, and then use that money to create programs that will lift the poor out of poverty.” Government created job-training programs for the strong and expanded social security for the weak.
It seemed to work. The poverty rate dropped from 17 percent to 12 percent in the programs’ first decade. Unfortunately, few people noticed that during the half-decade before the “War,” the rate dropped from 22 percent to 17 percent. Without big government, Americans were already lifting themselves out of poverty!
https://www.foxnews.com/opinion/2014/10/08/why-welfare-mimimum-wage-make-it-harder-for-poor-americans-to-succeed/