"From the establishment of public education and land grant colleges through agricultural extension and encouragement to industry, we have pursued the goal of a nation with full and increasing opportunities for all its citizens. The war on poverty is a further step in that pursuit. We do it also because helping some will increase the prosperity of all. Our fight against poverty will be an investment in the most valuable of our resources--the skills and strength of our people. And in the future, as in the past, this investment will return its cost many fold to our entire economy. If we can raise the annual earnings of 10 million among the poor by only $1,000 we will have added 14 billion dollars a year to our national output. In addition we can make important reductions in public assistance payments which now cost us 4 billion dollars a year, and in the large costs of fighting crime and delinquency, disease and hunger. This is only part of the story."
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Presidents of the United StatesPoliticians from TexasMembers of the United States SenateUnited States presidential candidates, 1968United States presidential candidates, 1964
Original Language: English
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