DONATING TO A NONPROFIT IS NOT THE SAME AS HELPING THE HOMELESS!
By Max R. Weller
Read the policy analysis from the Cato Institute published on April 11, 2012. Quoting below:
“In total, the United States spends nearly $1 trillion every year to fight poverty. That amounts to $20,610 for every poor person in America, or $61,830 per poor family of three.”
Consider that, while I go shopping at Walmart . . .
Now, listen to conservative economist Milton Friedman explain his concept of a Negative Income Tax (1968) in this YouTube video.
My own take: $$$ are there in abundance, good ideas abound, but the entrenched social services bureaucracy has no incentive to end poverty; indeed, their living depends on people continuing to be as poor as church mice.
Lyndon Johnson, one of the worst presidents in our history.