Eradicating Poverty

January, 1971

Eradicating PovertyIt is 1976. The war in Vietnam has ended and billions of dollars are no longer required for an unconscionable tragedy in Southeast Asia. The gross national product, which reached one trillion dollars in 1971, is accelerating toward the 1.7-trillion-dollar rate projected for 1980. So Government revenues are increasing rapidly, even though taxes don't go up, and the Seventies will end with an extra 90 billion dollars a year in Federal income.At this point there is a solemn momen...