Showing posts with label programs. Show all posts
Showing posts with label programs. Show all posts

Wednesday, July 8, 2015

Try different tactic in fighting war on poverty

Printed in Corvallis Gazette-Times 7/8/2015 and titled "Behavioral economics can reduce poverty." Posting here, in case you missed it.
By Michael A. MacDowell - Insanity has often been defined as doing the same thing over and over again and expecting a different outcome. While this statement is used for a variety of situations, perhaps it is nowhere better applied than in characterizing this country's numerous attempts to eradicate poverty. --In 1964, President Lyndon Johnson declared war on poverty. At the time, 14.7 percent of Americans were living below the poverty line, according to the U.S. Census Bureau. Fast-forward to 2013, and 14.5 percent of our citizens were poor. --Jason Zweig of Money magazine says there are many reasons for the lack of progress in this ongoing battle. In a Wall Street Journal article, he shows that most antipoverty programs have not considered how people actually act.

Read more at Philly.com Read More......

Sunday, April 13, 2014

WSJ: As Tax Day Nears, Where Does Your Money Go?

Three nonprofit groups help answer that and other questions of interest to taxpayers -- Where does your money go? Loren Adler, research director at the Committee for a Responsible Federal Budget offers a breakdown, which shows how $100 of revenue was allocated among spending programs in fiscal year 2013. Please note that last year's figures do not include the cost of changes under the Affordable Care Act, which Mr. Adler estimates will come to about 6% of spending when they are fully phased in.

Read more and see the "tax receipt" graphic by the Committee for a Responsible Federal Budget at Wall Street Journal Read More......