Libertarianism Is the Antidote for 'Public Policy' on Poverty

By exaggerating the severity of poverty in America, progressives attempt to justify higher levels of wealth redistribution. By over-classifying people as “poor,” progressive politicians further enable the dependency which got those politicians elected in the first place. Worst of all, encouraging dependency yields more dependency. A new study by Robert Rector and Rachel Sheffield of the conservative Heritage Foundation finds that: In discussions about poverty… misunderstanding and exaggeration are commonplace. Over the long term, exaggeration has the potential to promote a substantial misallocation of limited resources for a government that is facing massive future deficits. In addition, exaggeration and misinformation obscure the nature, extent, and causes of real material deprivation, thereby hampering the development of well-targeted, effective programs to reduce the problem. Rector and Sheffield point out the need for an accurate portrayal of poverty in order...(Read Full Post)