Monday, September 22, 2008

Poverty - One Economist's Perspective

Originally posted on Facebook on August 29, 2007 at 12:29 pm

On Poverty, Maybe We're All Wrong - Steven Pearlstein, washingtonpost.com

"Most years, what passes for the national debate about poverty is confined to the 24 hours after the government releases its annual report on household incomes, as it did yesterday."

This post is pretty insightful - and it's by a business dude, which makes it more "credible," some might say...I definitely agree with his final statment:

"Maybe it's time for liberals to regain the upper hand in the [poverty] debate by arguing that the vicious cycle that needs to be broken isn't one of dependence but one of declining expectations."

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