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posted by Fnord666 on Tuesday May 29 2018, @07:39AM   Printer-friendly
from the at-what-cost dept.

Yahoo Finance reports

Poverty-alleviation programs like food stamps (SNAP), Social Security, and other "welfare" programs are broadly effective at reducing poverty, a new study from University of Chicago researchers found.

The study, performed by researchers Bruce Meyer and Derek Wu, conducted a more comprehensive analysis than most studies, because it used administrative data from the programs' payment records, not just survey data of recipients from the Census Bureau.

[...] For the elderly, Wu said the research found that Social Security benefits "single-handedly slashes poverty by 75%." Social Security's overall effect on all poverty is also enormous, responsible for by far the largest poverty reduction among all these programs, the study said.


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  • (Score: 2) by Bot on Tuesday May 29 2018, @08:53AM (6 children)

    by Bot (3902) on Tuesday May 29 2018, @08:53AM (#685499) Journal

    Yep, I am not sure they got the idea, the IRL Capitalism steals from the poor and gives to the rich. IRL Communism steals from the not so poor and gives to the poor, while the rich are high ranking bureaucrats those mounting black market ops successfully. After the fall of east bloc communism the capitalist ruling class emerged in an instant.

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  • (Score: 0) by Anonymous Coward on Tuesday May 29 2018, @03:07PM

    by Anonymous Coward on Tuesday May 29 2018, @03:07PM (#685644)

    The fall of Communism simply revealed the authoritarians who already existed.

  • (Score: 2, Interesting) by Anonymous Coward on Tuesday May 29 2018, @03:10PM

    by Anonymous Coward on Tuesday May 29 2018, @03:10PM (#685647)

    Rather, a Capitalist is someone who gains control of resources solely through voluntary interaction with others.

  • (Score: 1, Informative) by Anonymous Coward on Tuesday May 29 2018, @10:46PM (3 children)

    by Anonymous Coward on Tuesday May 29 2018, @10:46PM (#685971)

    You're NOT describing Communism (which is a classless society)
    In Communism, all assets are held in trust for ALL the people and the people DEMOCRATICALLY decide what will be done with those assets).[1] [google.com]

    [1] A soviet is a council (workers council, consumers council, town council, whatever).

    What you are describing is Stalinism[2]--which is NOT something that Marx would recognize as what he was describing as Communism.[3]
    Lenin would have been just as pissed off (if he wasn't dead) and, until he was murdered by Stalinists, Trotsky stayed pissed off at what Stalin had done to USSR.
    [2] See the link above in #685935 [soylentnews.org]
    As that motes, Stalinism more closely resembles the classist inequality of Capitalism than the egalitarianism in 1917 - 1923 USSR.

    [3] Neither would the citizens of The Paris Commune of 1871 nor the citizens of Catalonia/Barcelona in 1936 - 1937 when they declared it to be A Workers' State.

    .
    Now, look at what Trump and the GOP[4] and their funders are doing and tell me how USA has a "Democracy" when the vast majority of USAians disapprove of that shit.
    [4] Throw in the Dumbocrats for good measure.

    -- OriginalOwner_ [soylentnews.org]

    • (Score: 1) by khallow on Wednesday May 30 2018, @04:25AM (2 children)

      by khallow (3766) Subscriber Badge on Wednesday May 30 2018, @04:25AM (#686093) Journal

      Lenin would have been just as pissed off (if he wasn't dead) and, until he was murdered by Stalinists, Trotsky stayed pissed off at what Stalin had done to USSR.

      Ever wonder why Stalin got so powerful during Lenin's reign? It's because Lenin needed a tough guy to murder people even after the Civil War ended. That Stalin then took over and retained power by continuing to murder people shouldn't be a surprise. That was his job from a time before the USSR even existed. Then we get to the post-Stalin stage after his death in 1953. Those problems with the elites running things still happened despite the end of Stalinism.

      You're NOT describing Communism (which is a classless society) In Communism, all assets are held in trust for ALL the people and the people DEMOCRATICALLY decide what will be done with those assets).

      And of course, the usual word-mincing. In the real world, the democracy never happened and within a generation several of the worst murderers of history were in charge. It's the nature of the beast that one needs perfect people for the perfect civilization. It takes a lot of death to make imperfect people fit.

      Now, look at what Trump and the GOP[4] and their funders are doing and tell me how USA has a "Democracy" when the vast majority of USAians disapprove of that shit.

      How did Trump get elected in the first place? I guess it's easy to forget that Trump won in the first place because a sufficient voting block disapproved of that shit.

      • (Score: 0) by Anonymous Coward on Wednesday May 30 2018, @12:21PM (1 child)

        by Anonymous Coward on Wednesday May 30 2018, @12:21PM (#686227)

        I've mentioned before the giant amount of Cold War bullshit you've swallowed.
        Still applies.

        ...and a USAian pointing to other places and talking about murderers is just rich.
        Those 3 fingers of your own hand pointing back at you are a small portion of the truth about what a treacherous, homicidal bunch USAians are.

        How did Trump get elected?

        42 percent of registered voter chose None of the Above.
        That beat Clinton's 29 percent and Trump's 28 percent.
        If we had an actual Democracy, there would have been a do-over.

        -- OriginalOwner_ [soylentnews.org]

        • (Score: 1) by khallow on Thursday May 31 2018, @04:28AM

          by khallow (3766) Subscriber Badge on Thursday May 31 2018, @04:28AM (#686586) Journal

          ...and a USAian pointing to other places and talking about murderers is just rich.

          Pretty damn easy when it's Communist. Whataboutism fails hard when there's orders of magnitude difference.