Prepared Statement, Hearing before the Subcommittee on Monetary and Fiscal Policy of the Joint Economic Committee, US Congress, June 20, 1985.
I thank the Subcommittee for the opportunity to appear before it today, but the assignment is daunting. The last time I tried to answer the question, “Did we win or lose the War on Poverty?” it took me a book to do so. And properly so. There is almost nothing to be said about the effects of the War on Poverty that is both simple and completely true. Let me confine myself today to what I see as a few basic issues.