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Measuring Poverty Correctly Reveals A Hard Truth About The Welfare State
Measuring Poverty Correctly Reveals A Hard Truth About The Welfare State
Authored by Tyler Turman via TheDailyEconomy.org,
America has spent more than $20 trillion on fighting poverty since the introduction of President Johnson’s Great Society program in 1964. Sixty years later, how are we doing?
That depends, as it turns out, on how you measure it.
Last month, Senator Kennedy (R-LA) introduced a bill that would require the Census Bureau to report a new poverty metric as an alternative to the Official Poverty Measure (OPM) by including both cash and non-cash welfare benefits in its calculations.
As Kennedy points...
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Sep 17, 2026 / Tyler Durden
Turkey Takes On Houthis? Any Support To Saudis Faces Huge Blowback
Turkey Takes On Houthis? Any Support To Saudis Faces Huge Blowback
Via Middle East Eye
Turkey's new commitments to Saudi Arabia under the Mecca defence pact could increase the risk of Ankara being drawn into a confrontation with Yemen's Houthis, a development that could have significant consequences for Turkish supply lines to the Horn of Africa. Although Turkey has yet to ratify the pact, expected in October, continued Houthi attacks against Saudi Arabia, and Ankara’s recent participation in the Saudi-led Multinational Maritime Defense Alliance make some form of confrontation possible.
Several regional...
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Aug 15, 2026 / Tyler Durden
Lutnick Draws Red Line: "Great American Companies" Shouldn't Use Chinese Memory Chips
Lutnick Draws Red Line: "Great American Companies" Shouldn't Use Chinese Memory Chips
One week after The Wall Street Journal reported that Tim Cook's Apple was testing memory chips from China's CXMT, a company blacklisted by the Pentagon over alleged ties to the People's Liberation Army, the outlet published a follow-up story with an interview with Commerce Secretary Howard Lutnick, who publicly urged Apple not to proceed. The standoff comes as the AI data-center buildout absorbs global memory supplies, driving prices sharply higher and forcing consumer-electronics manufacturers to explore alternative...
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Sep 17, 2026 / Tyler Durden
Dragged Off Her Own Porch: York College Students Beaten After Five 911 Calls - And A National Pattern Of Youth Street Mobs
Dragged Off Her Own Porch: York College Students Beaten After Five 911 Calls - And A National Pattern Of Youth Street Mobs
On the 300 block of West Jackson Street in York, Pennsylvania, a group of York College students sat on their off-campus porch eating tacos last Friday night. They had already called 911 over illegal street racing that was underway. A group of mostly black teens - "townies" the students called them - grew into a pack. After a car smashed into a parked vehicle near a firehouse, the crowd migrated...
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