I wrote a few comments explaining why John Edwards’ recent poverty tour may serve as good rhetoric but, in the end, demonstrates very poor economic thinking. His ideas essentially represent the failed “war on poverty” initiatives that came out of LBJ’s “Great Society” foolishness. It’s a 2007 remix of a few old, tired, played out ideologies. The programs didn’t work in the 70s and 80s and they won’t work if Edwards becomes president. Edwards wants to raise the minimum wage to nearly $9.50/hour. Where does Edwards expect that money to come from? In the long run, these ideas eventually hurt the poor as we witnessed before Congress overhauled welfare in 1996.

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John Edwards formally kicked off his poverty tour in New Orleans’s Lower Ninth Ward this week and of course blamed the president for the government’s mishandling of the Hurricane Katrina disaster. Edwards also played up symbolism by visiting some of the samel cities Martin Luther King, Jr. and Robert Kennedy visited during their famed poverty tours. Edwards may not significantly differ from other Democratic front runners for the White House, although some say he is the only candidate with a truly universal health care program.

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