“Meanwhile, the 50th anniversary of the feds’ ‘War on Poverty’ came and went last week, without much notice. As in many other of the feds’ wars, we don’t know which side we should be on. We’ve got nothing against poverty. Then, again, we’ve got nothing against wealth either. People should be able to decide for themselves what they want out of life. But during the Johnson administration the rich got the idea that they should exterminate poverty… or at least gain a political advantage by appearing to try to do so. So it was that on January 8, 1964, LBJ declared war: ‘This administration today, here and now, declares unconditional war on poverty in America.’ That was 50 years and $20 trillion ago.”
http://www.bonnerandpartners.com/time-for-a-cease-fire-in-the-war-on-poverty/
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