Child tax credit cuts childhood poverty in half

Discussion in 'Politics' started by UsualName, Jul 16, 2021.

  1. DTB2

    DTB2

    How much has been spent on the poor since LBJ?

    What has the result been? Less poor? Better inner cities?

    Why would this program be any better?
     
    #21     Jul 16, 2021
  2. UsualName

    UsualName

    Well the answer is actually yes to both. There are less poor and less crime since LBJ. We are in an interesting time right now when gun violence is growing but property crime is down or steady.

    On whole though, our cities are much better today than in the past. You may recall when Reagan famously visited the south Bronx and told the people who lived there it looked like a nuclear bomb was dropped there. Not really a nice thing to say but it shows thebstate of cities then. Crime in the 1990s was through the roof. The 1970s, the years after LBJ, was very low crime which we have gotten very close to in the past decade.

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    #22     Jul 16, 2021
  3. KCalhoun

    KCalhoun

    Incentivizing poor people to have more children is beyond stupid. And sad
     
    #23     Jul 17, 2021
  4. Mercor

    Mercor

    Nice Cherry pick on the poverty chart
    Go back to 1945 poverty under Eisenhower dropped the most ever
    Once the Democrats war on poverty was installed poverty flattened for 50 years.
    It only dipped twice, once under Clinton after welfare reform and under Trump who got minority unemployment to a record low



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    #24     Jul 17, 2021
  5. Mercor

    Mercor

    Interesting that violent crime started rising at the same time as the war on poverty started

    [​IMG]
     
    #25     Jul 17, 2021
  6. UsualName

    UsualName

    This credit extends to households making +$150,000. And yes it does incentivize having children. It’s probably something you never considered but part of the reason GDP was so high after World War Two was the high birth rate. As our birth rate has declined over successive decades so has GDP. We need a healthy birth rate general national well being.

    Again, this is not an anti poverty program. You guys are being thick headed. Depending on which state you live this credit extends to households that would be considered upper middle class. $150,000 of income includes about 75% of the country.
     
    #26     Jul 17, 2021
  7. UsualName

    UsualName

    I didn’t cherry pick anything. The poster specifically asked what happened after LBJ. After LBJ poverty declined. It’s a fact. Even in your chart you can see it.

    Eisenhower took over a post war country pulling out of the Great Depression. Poverty declined because of a lot of macro reasons. Not that I’m against Eisenhower or anything.
     
    #27     Jul 17, 2021
  8. UsualName

    UsualName

    Your chart shows violent crime rising prior to the war on poverty. But again, this credit is not a poverty program.
     
    #28     Jul 17, 2021
  9. DTB2

    DTB2

    What a stupid response.

    Equating someone who has worked their entire life and PAID into SS finally benefitting from the program, to someone who likely has contributed very minimally to society collecting $$ for breathing and breeding is beyond the pale.
     
    #29     Jul 17, 2021
  10. UsualName

    UsualName

    He said monthly distribution of a government program would lead to more overdoses. Euclid’s first law would apply.

    And let’s be honest here, you’re pretty dumb.
     
    #30     Jul 17, 2021