In his speech today at Cleveland State University, Representative Paul Ryan (R–WI) laid out a vision for reforming the nation’s approach to poverty.
“With few exceptions, government’s approach has been to spend lots of money on centralized, bureaucratic, top-down anti-poverty programs,” Ryan stated. “The mindset behind this approach is that a nation should measure compassion by the size of the federal government and how much it spends.” This has “created and perpetuated a debilitating culture of dependency, wrecking families and communities.”
He’s right. Since the “War on Poverty” began five decades ago, the federal government hasspent nearly $20 trillion (adjusted for inflation) on what is now a welfare system consisting of over 80 programs. Total annual spending is now approaching $1 trillion. See our newly updated chart: (continues below chart)