Sat Jun 6, 2015, 09:27 AM

The Anti-Poverty Experiment

The Anti-Poverty Experiment
By Jason Zweig

In the U.S. and abroad, a new generation of data-driven programs is testing ways to help the poor to save more, live better and find their own way to economic security.

The U.S. and other wealthy nations have spent trillions of dollars over the past half-century trying to lift the world’s poorest people out of penury, with largely disappointing results. In 1966, shortly after President Lyndon B. Johnson declared war on poverty, 14.7% of Americans were poor, under the official definition of the U.S. Census Bureau. In 2013, 14.5% of Americans were poor.

World-wide, in 1981, 2.6 billion people subsisted on less than $2 a day; in 2011, 2.2 billion did. Most of that progress came in China, while poverty has barely budged in large swaths of sub-Saharan Africa, South Asia and Latin America.

Is it time for a new approach? Many experts who study poverty think so. They see great promise in a new generation of experimental programs focusing not on large-scale social support and development but on helping the poor and indebted to save more, live better and scramble up in their own way.

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Hypothesis Jun 2015 OP
rampartb Jun 2015 #1

Response to Hypothesis (Original post)

Sat Jun 6, 2015, 09:46 AM

1. teach a man to fish,

and you can charge him to drown worms in your polluted pond.

for the best evidence that the war on poverty is working, spectacularly, visit your local nursing home. those old women are not dead, are not homeless, and are receiving necessary medical care.

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