Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: i-node who wrote (9964)	2/8/2017 4:44:08 PM
From: combjelly	Read Replies (1) \| Respond to of 362321

Certainly, it is inarguable that the increases in the standards of living of the impoverished relate more to free enterprise capitalism It is very arguable. If only because the rate dropped when the anti-poverty programs were implemented. Note that there was a drop from 1959 to 1964 when the War on Poverty programs started. That was because of economic growth. Historically, poverty goes up and down with the economy, in the 1940s and 1950s it ranged between 20% and 30%. But it takes a big dip about 1964 and dropped closer to 10% to 15%. Now when Dubya got elected, poverty started to climb again, reaching 15% and staying there, despite economic growth. russellsage.org