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Study: Public Assistance Programs Lessen Poverty

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

An Anonymous Coward writes:

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, @11:04AM (2 children)

    by Bot (3902) on Tuesday May 29 2018, @11:04AM (#685529) Journal

    Note that I said
    > start selectively culling
    and referred to the toxic ones.

    The situation in SA is not directly about the toxic ones, it's envy of the wealth accumulated by others no matter how, instigated by the toxic ones.

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  • (Score: 4, Insightful) by Osamabobama on Tuesday May 29 2018, @06:45PM (1 child)

    by Osamabobama (5842) on Tuesday May 29 2018, @06:45PM (#685791)

    The problem is, nobody has culled the right people to make this work. You can't just go around killing people indiscriminately and expect to prosper; you have to kill just the right people in order for it to work.

    Okay, so now what? Oh, yeah: make me your leader and I will provide you with the list of names. It will definitely work out better this time.

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    • (Score: 2) by Bot on Tuesday May 29 2018, @09:59PM

      by Bot (3902) on Tuesday May 29 2018, @09:59PM (#685936) Journal

      > You can't just go around killing people indiscriminately

      I know, I know, fourth directive and all.

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