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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: 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.