All Posts Tagged With: "poverty rate"
The Great Society’s War on Poverty
For the most part President Lyndon B. Johnson was simply lucky in regard to economic stability and growth during his term in office, although he does deserve credit for pushing John F. Kennedy’s stalled tax-cut proposal to quick enactment in February 1964. The economy was already growing and the rate of unemployment declining when LBJ [...]
21Sep2011 | Robert Higgs | 7 comments | ContinuedWhat’s Wrong with the Poverty Numbers
Last fall the U.S. Census Bureau released its annual report on poverty in the United States. The report indicated that the number of people below the official poverty line had risen from 32.9 million in 2001 to 34.6 million in 2002. Worse, the official poverty rate had risen from 11.7 percent in 2001 to 12.1 [...]
1Apr2004 | Robert P. Murphy | 1 comment | Continued-
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