Saturday, September 04, 2004
$9 Trillion Didn't End Poverty -- What to Do?
The best way to reduce the poverty rate is to convince people to avoid poverty in the first place by finishing school, delaying parenthood, and getting a job (any job). High school dropouts are roughly three times more likely to end up in poverty than are those who complete at least a high school education. A common reason why teens drop out of high school is out-of-wedlock births. Teenage pregnancy initiates a single mother into a life of dependency that is difficult to overcome, especially if she goes on to have additional children. Over half of welfare money is spent on families that began with a teen birth.
Getting a job as a solution to poverty may seem like common sense. Granted, not every job pays a wage that will catapult a family into the middle class. However, every job provides job experience, and that leads to a better job. Maybe today's minimum-wage, service industry employee is not on a track for management. But he is showing that he is a reliable worker who can learn and perform duties, something a future employer will value.
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So, listen this campaign season as candidates offer their solution to the rise in poverty. Be wary of promises to throw more money at the problem. That clearly doesn't work
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