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Study: Public Assistance Programs Lessen Poverty

posted by Fnord666 on Tuesday May 29 2018, @07:39AM   
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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Original Submission

• Re:Some will always be in poverty... Re:Some will always be in poverty... (Score: 3, Insightful) by Whoever on Tuesday May 29 2018, @04:00PM (1 child)

  by Whoever (4524) on Tuesday May 29 2018, @04:00PM (#685685) Journal

  ..... and there we have it.

  The right wing mindset that an idea is bad because a tiny, insignificant minority may abuse it.

  Parent

  Starting Score:	1		point
  Moderation		+1
  Insightful=1, Total=1
  Extra 'Insightful' Modifier		0
  Karma-Bonus Modifier		+1
  Total Score:		3

• Re:Some will always be in poverty... (Score: 0, Troll) by khallow on Thursday May 31 2018, @04:37AM

  by khallow (3766) on Thursday May 31 2018, @04:37AM (#686591) Journal

  Beats thinking an idea is good because it'll help a tiny minority that the proposer happens to favor.

  Parent