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It was on this day in 1964 that President Lyndon B Johnson officially declared war on poverty in the United States with these words:
"Unfortunately, many Americans live on the outskirts of hope -- some because of their poverty, and some because of theft color, and all too many because of both. Our task is to help replace their despair with opportunity.
This administration today, here and now, declares unconditional war on poverty in America. I urge this Congress and all Americans to join with me in that effort.
It will not be a short or easy struggle, no single weapon or strategy will suffice, but we shall not rest until that war is won. The richest Nation on earth can afford to win it. We cannot afford to lose it. One thousand dollars invested in salvaging an unemployable youth today can return $40,000 or more in his lifetime.
Poverty is a national problem, requiring improved national organization and support. But this attack, to be effective, must also be organized at the State and the local level and must be supported and directed by State and local efforts.
For the war against poverty will not be won here in Washington. It must be won in the field, in every private home, in every public office, from the courthouse to the White House."
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The war continues to this day, with over 45 million people (15%) still living below the poverty line in the United States, according to the latest census report in 2014.
At the time, the annual income threshold was $11,490 for a single person and $23,550 for a family of four.
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