Govt delcares war on poverty 45 years ago - now 50 million Americans are poor

Since the government fails at everything they do, the title of this post should be no suprise. Back in 1965, Lyndon Johnson, one of the worst presidents in history, declared a "war on poverty." 45 years later, more Americans are poor (over 50 million) than ever before in history. The cause: fiat currency, excessive regulation, the U.S. worldwide empire, and massive taxation. Read here.

Why the war on poverty failed

During this Christmas season, many people help the poor through gifts, hot meals, money, toys, etc. I remembered reading an article on why the government's war on poverty failed, so I searched through my old issues of The Freeman: Ideas on Liberty. It's published by the Foundation for Economic Education (fee.org), and it's one of my favorite periodicals. Here's the link to the article, and it's appropriate for those who think the government can end poverty once and for all.