"The give-them-cash solution to poverty is nothing new. It was conventional wisdom in Democratic Washington toward the end of the Johnson Administration."
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"In 1968, a petition signed by 1,300 economists (including James Tobin and John Kenneth Galbraith) urged a 'national system of income guarantees.' LBJ didn't like the idea, but when Richard Nixon became president Democratic holdovers in the Department of Health, Education and Welfare served him up a no-work-requirid cash-dispensing scheme that became Nixon’s 1969 Family Assistance Plan. It almost became law, failing after a fringe West Coast politician named Ronald Reagan called it a 'megadole.'"
That's Point #2 in Mickey Kaus's "Five (5) quick points on the new Biden Dole" (Substack).
Kaus goes on to contemplate whether there's any Republican around these days who's capable of playing the Ronald Reagan role.
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"The give-them-cash solution to poverty is nothing new. It was conventional wisdom in Democratic Washington toward the end of the Johnson Administration."
!["The give-them-cash solution to poverty is nothing new. It was conventional wisdom in Democratic Washington toward the end of the Johnson Administration."]()
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