Re: "More Americans living in poverty now than there were in 1965...Economic realities on Main Street"

"JoettaB" <[EMAIL PROTECTED]> wrote in message news:<[EMAIL PROTECTED]>...
> "Foxtrot" <[EMAIL PROTECTED]> wrote in message
> news:[EMAIL PROTECTED]
> > "Jas" <[EMAIL PROTECTED]> wrote:
> >
> > >http://www.thenation.com/edcut/index.mhtml?bid=7
>  
> > >There are more Americans living in poverty now than there were in 1965.
> >
> > That's right!! You liberals have finally figured out what we have
> > been telling you for decades--LBJ's Great Society has been a
> > dismal failure, and a waste of trillions of dollars.
> >
>

JoettaB" <[EMAIL PROTECTED]
 
> Huh? How did you make that leap from A to 356? I'm not big fan of LBJ, but
> nothing was said or even inferred about LBJ in the above statement. In fact,
> it would seem apparent that none of the years following 1965 (also his
> years) were lower than 1965, so I would say the opposite would be true on
> the unemployment scale.

http://www.census.gov/hhes/poverty/poverty02/pov02fig1.jpg

  The poverty rate was 15% or so when the "Great Society" programs
were initiated.(during a economic slowdown) Yet during subsequent
economic down cycles,(1981, 1990 recessions) the poverty rate
increased to its "pre great society" levels.

  It is debatable that any real impact in the poverty rate was
achieved with  the LBJ programs.

                                                                 
T.Carr

 You should really think about what you're saying
> before you say it, you know.
> 
> <snip>