I’ve previously shared an amazing chart put together by a Cato colleague showing that massive increases in spending and staff have had no positive impact on educational performance.
Now here’s a chart that is equally remarkable, showing that we spend about $60,000 on various welfare programs for every poor household in America. And what are we getting for that giant expenditure of money? Well, as this other chart shows, our progress in the fight against poverty came to a screeching halt right about the time that the politicians in Washington launched the so-called War on Poverty.
This video contains more analysis, for those who want to learn about the best way of actually reducing poverty. It’s important to remember, after all, that the welfare state has a human cost that is just as important as the fiscal cost.
If you want more powerful pictures and info-graphics, here are some of my favorites.
- Exposing Obama’s miserable jobs performance.
- The importance of saving and investment if we want workers to enjoy higher wages.
- The TSA’s Orwellian (and incompetent) approach to airline security.
- Showing how the burden of government spending has exceeded the growth of the economy’s productive sector.
And I suppose I should share, once again, my favorite poster about government.