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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (9961)2/8/2017 4:14:47 PM
From: i-node  Read Replies (1) | Respond to of 362229
 
>> Programs for the poor are not the sole reason for the debt. Or even most of it.

Of course they are. Cost of health Medicaid is health care, but is part of the cost of anti-poverty programs. Medicaid beneficiaries are comprised 100% of people who are deemed unable to pay for their own health care, nursing home care, or related services.

The cost of anti-poverty programs since the War on Poverty began has been estimated at $22 Trillion, which of course, makes it more than the national debt. And if one looks at what our national debt is comprised of today, it is almost all anti-poverty programs and health care.

While there was a brief benefit as you can see nothing much has changed since.

Certainly, it is inarguable that the increases in the standards of living of the impoverished relate more to free enterprise capitalism (which recognizes the poor as a market to be served, even if at lower profits) than the doling out of money (which, to a large extent, funds drugs and despair in poor neighborhoods).