Big Fits wrote: "And the best part! His war on poverty has wasted over 2 trillion dollars to date and poverty rates today are the SAME as they were in the 1960's! But at least they're even more dependent on the race baiting groups that claim kinship to Dr. King, while retaining NONE of the same philosophy. Content of character? Pah! what's that get me? I gots ta git PAYED!"
In fact: "How has poverty changed over time? ~~ In the late 1950s, the poverty rate for all Americans was 22.4 percent, or 39.5 million individuals. These numbers declined steadily throughout the 1960s, reaching a low of 11.1 percent, or 22.9 million individuals, in 1973. Over the next decade, the poverty rate fluctuated between 11.1 and 12.6 percent, but it began to rise steadily again in 1980. By 1983, the number of poor individuals had risen to 35.3 million individuals, or 15.2 percent. // For the next ten years, the poverty rate remained above 12.8 percent, increasing to 15.1 percent, or 39.3 million individuals, by 1993. The rate declined for the remainder of the decade, to 11.3 percent by 2000. From 2000 to 2004 it rose each year to 12.7 in 2004. // Since the late 1960s, the poverty rate for people over 65 has fallen dramatically. The poverty rate for children has historically been somewhat higher than the overall poverty rate. The poverty rate for people in households headed by single women is significantly higher than the overall poverty rate."
And more from: The University of Michigan, The Gerald R. Ford School of Public Policy
National Poverty Center | University of Michigan