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In early January 1964, barely six weeks after the assassination of John F. Kennedy, US President Lyndon Johnson delivered a speech to the American people in which he declared an “unconditional war.” But he didn’t declare war on Vietnam. Or Cuba. Or the Soviet Union. Johnson declared war on poverty. And in his State of the Union address he told his fellow Americans that it would take more than “a single piece of legislation” to eradicate poverty. So they got to work preparing a series of expensive programs to create jobs, build affordable housing, establish new entitlement programs, and invest … Continue reading →

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