Yes, Jesus warned us of the persistence of poverty, but we can do better here in Rochester. There is renewed energy directed at the issue, both here and in the nation. The Poverty Task Force announced by Governor Cuomo will continue to focus attention and, hopefully, resources on the problem.
Ah, but what to do? Several of my colleagues at CGR recently completed a global scan of anti-poverty programs. And they concluded that there aren’t a lot of new ideas out there, although size and execution of established programs can be improved (e.g. the Earned Income Tax Credit, economists’ favorite). Read more »