Fallout: The Financial Crisis - Trending

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On January 8, 1964, LBJ used his first State of the Union Address to declare an unconditional war on poverty. He launched a legislative onslaught to create programs that enhanced the social safety net, and many of them survive today. But perhaps the most eloquent passage in his speech was this: “Unfortunately, many Americans live on the outskirts of hope--some because of their poverty, and some because of their color, and all too many because of both. Our task is to help replace their despair with opportunity.”