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To: Wharf Rat who wrote (135098)7/27/2013 11:48:04 AM
From: Bread Upon The Water  Read Replies (4) | Respond to of 149317
 
Yes. that shows that just throwing money with no controls on it is not the answer to solving poverty. However, private capital invests with direction and control. Seems to have worked for E. Palo Alto, but we need to know the percentage of E. Palo Altoans who were on welfare prior to the private investment as opposed to after that for Chinu's example to be valid.



To: Wharf Rat who wrote (135098)7/27/2013 11:51:25 AM
From: Bread Upon The Water  Read Replies (1) | Respond to of 149317
 
E. Palo Alto's demographics:

ci.east-palo-alto.ca.us



To: Wharf Rat who wrote (135098)7/27/2013 11:59:08 AM
From: Bread Upon The Water  Read Replies (1) | Respond to of 149317
 
In 2009 E. Palo Alto had 29.5% of its residents living below the poverty level.

city-data.com


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