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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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Study: Public Assistance Programs Lessen Poverty
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Ten years of rejection slips is nature's way of telling you to stop writing.
-- R. Geis
(Score: 2) by coolgopher on Tuesday May 29 2018, @01:08PM (1 child)
Indeed, that is precisely what I'm getting at. The only part of ST:TNG we have down pat is the Ferengi part. Greed Is Good!
(Score: 4, Funny) by Subsentient on Tuesday May 29 2018, @01:21PM
Rule of acquisition #109: Dignity and an empty sack is worth the sack.
"It is no measure of health to be well adjusted to a profoundly sick society." -Jiddu Krishnamurti