Moynihan had it right.
Since 1965, the United States has spent approximately $17 trillion on anti-poverty programs – an amount almost identical to the balance on the national debt. Yet poverty rates remain essentially unchanged.
Tagged: great society
The Great Society at 50.
Fifty years ago today, President Lyndon Johnson gave a speech at the University of Michigan in which he first proposed what he called the “Great Society.” So what of the Great Society on its 50th birthday? Sadly, there’s little to celebrate.