Share: The U.S. government spends just shy of $1 trillion per year on aid to low-income Americans. This would be enough to give each of the estimated 40 million Americans living in poverty a check for over $20,000 per year. In two previous articles , I showed how the current failed system grew out of a snowballing bureaucracy and misguided paternalism from the left and right.
One can debate the role of government in addressing poverty within society at large. But the short-run imperative to switch the U.S. welfare system to one based on simple cash payments is clear. Much […]
Full Post at www.aier.org