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by 93po 1181 days ago
> In 2012, the federal government spent $668 billion to fund 126 separate anti‐ poverty programs.

This is simply not true or at best, misleading. The 2012 expenditure was $3.6 trillion, and 70% of that was defense, social security, medicare, and interest expense. You're saying more than half of the remaining spending for the entire government was anti-poverty? That makes zero sense.

I assume what you meant was 'authorized', and it was an amount spent over a long period of time. $20k per person, great. What percent actually gets to them? Maybe half at best? Great, so $10k. Over how many years? 5? Ok, so $2k a year at best estimates. Realistically it was less and over a longer period.

Cool, poverty is solved.