Wednesday, February 6, 2013

Increased Government Spending Has Negligible Effects on Poverty

While some argue for increased government spending to reduce poverty, the empirical evidence suggests that such efforts will do nothing to reduce the record number of Americans living in poverty. Indeed, economic growth and good-paying jobs will do more to reduce poverty than increased spending, says Keith Hall in U.S. News & World Report.
  • There are 46 million Americans living in poverty, a number that has grown by nearly 9 million since the beginning of the recession. 
Read more: http://www.ncpa.org/sub/dpd/index.php?Article_ID=22813

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