If You're Middle Class, Are You in Poverty?

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Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5 • 979 Ratings

🗓️ 28 December 2018

⏱️ 14 minutes

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Summary

What does it mean for policy and welfare programs when the definition of poverty creeps up into the middle class? Jarrett Skorup of the Mackinac Center comments.

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Transcript

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0:00.0	I'm Caleb Brown, host of the Cato Daily Podcast. It is December and I am once again here to ask you to support
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0:50.0	This is the Cato Daily Podcast for Friday, December 28th, 2018. I'm Caleb Brown.
0:59.0	The cost of being poor in the United States is high, and even if you accept the notion that government-run
1:04.6	welfare programs are necessary, what are the costs when poverty is defined upward?
1:10.2	Jarrett Scorup is with the Mackinaw Center. We spoke in Salt Lake City in October.
1:15.0	Give us a picture of what welfare in the United States, this sort of constellation of programs that we have in the United States.
1:23.6	How do they function?
1:24.4	What does it cost?
1:25.4	What do we get out of it?
1:26.9	Sure.
1:27.9	So, I mean, obviously, just a huge amount of different programs,
	...

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