Saturday, June 30, 2012

Free Markets, Not Redistribution, Is Best Way to Reduce Poverty

Free Markets, Not Redistribution, Is Best Way to Reduce Poverty

The so-called War on Poverty has failed. Making government bigger and creating more federal redistribution programs has been bad news for taxpayers. But the welfare state also has been a disaster for the less fortunate, creating a flypaper effect that makes it difficult for people to lead independent and self-reliant lives. This Center for Freedom and Prosperity Foundation video shows how the poverty rate was falling after World War II -- but then stagnated once the federal government got involved.

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