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Jun. 3rd, 2024 01:42 pmArticle in The Atlantic. Decades ago, an economist named James Buchanan said bureaucrats act to preserve their jobs, not to solve problems. Poverty assistance, for instance, would never actually lift people out of poverty, because then it wouldn’t be needed.
Reagan listened, and he handed over poverty assistance to businesses. Now businesses don’t lift people out of poverty, preserving their own jobs.
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