Poverty will continue no matter how much money you throw at it because it is caused by a spiritual sickness.
Buffett is talking about the EITC combatting poverty. Yeah, right. I have a cousin that gets a huge check back every year because of EITC. A week later it’s gone. Usually on furniture. And a week after that she’s looking for someone to help pay her PG&E bill.
Wouldn’t matter how much money she had she would be broke.