50 Years of the War on Poverty

I read an article earlier this week that it has been 50 years since President Lyndon Johnson launched the US into the War on Poverty. From the article (http://legalinsurrection.com/2014/09/the-war-on-poverty-has-failed/#more-99806) it states that the inflation adjusted amount is nearly $22 TRILLION in 2012 US dollars. Yet, the article states that there has only been a decrease in people living in poverty from 19% to 15% over the 50 years. This comes as the U.S. and states are administering 120+ programs that look to redistribute wealth.

In my line of work (business, estate and tax planning), I see a few wealthy clients, but mostly I see upper middle class people. Most have made the American dream through hard work, saving, and most importantly, not spending beyond their means.
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I always think back to the teaching of Jesus when Mary anointed his feet with expensive oils and the disciples admonished her for using such oil when it could have been sold and benefited the poor. Jesus said, “you will always have the poor.” I think that the government needs to heed this and instead of seeking to make all equal through wealth distribution, to do its part to educate and give opportunity to make it rich. Just my thoughts.

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