The War on Poverty 1
DOI link for The War on Poverty 1
The War on Poverty 1 book
This chapter discusses more appropriate ways to measure poverty that reveal how the modern safety net significantly reduces poverty. The paradox of "poverty amidst plenty" led President Lyndon Johnson to declare "unconditional" war on poverty in his first State of the Union address on January 8, 1964. The Johnson administration proposed many strategies for reducing poverty. In 1964, the famous War on Poverty was declared. The official poverty measure has increasingly obscured some of the progress that has been made in reducing poverty because it fails to account for many government benefits the poor now receive, such as Food Stamps and the Earned Income Tax Credit. The chapter examines the official poverty rate for adults classified by age cohort, educational attainment, and race or ethnicity. Poverty fell as the living standards of the poor and the middle class increased as rapidly as they did for the rich.