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Halls of Shrewd'm / US Policy
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Author: Dope1   😊 😞
Number: of 48481 
Subject: Re: File the F*cking motion"
Date: 09/20/2023 7:14 PM
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It may have been lame to cite a source you didn't use, but his analysis is at least partially correct. You give money to elevate people out of poverty. Poverty ticks down a smidge. You take that money away. It ticks up a smidge. Totally predictable.

You know what a better way to lift someone out of poverty is? Have them get a job in an expanding economy.

Also, to your other point, the endpoints you choose make a big difference. You chose before-COVID to today. That is a valid basis, but comparing the peak of COVID to today also is valid. That's one reason I looked at a longer time horizon. When you do that, you see that not much has changed in 60 years. Roughly the same percent in 1965 and 2019 and today.

Comparing the 1960's in poverty to now is a bit of a stretch, especially when one is trying to decide if the current guy in office is doing the job or not.
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