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Antipoverty programs. that's about the same size as the u.s. national debt. while the poverty rate in the 1960s was around 15%, it remains stubbornly there to this day. so if these programs have not helped people that are in need, who has benefited? large corporations and this town, boom town, have profited enormously from the expansion of these programs. since 2008, federal government spending on food stamps has doubled. that's your taxpayer dollars. as the rolls increased, the profits in some of of america's largest corporations have increased as well. >> sean: we continue with peter schweit...

Antipoverty programs. that's about the same size as the u.s. national debt. while the poverty rate in the 1960s was around 15%, it remains stubbornly there to this day. so if these programs have not helped people that are in need, who has benefited? large corporations and this town, boom town, have profited enormously from the expansion of these programs. since 2008, federal government spending on food stamps has doubled. that's your taxpayer dollars. as the rolls increased, the profits in some of of america's largest corporations have increased as well. >> sean: we continue with peter schweit...

Antipoverty programs. that's about the same size as the u.s. national debt. while the poverty rate in the 1960s was around 15%, it remains stubbornly there to this day. so if these programs have not helped people that are in need, who has benefited? large corporations and this town, boom town, have profited enormously from the expansion of these programs. since 2008, federal government spending on food stamps has doubled. that's your taxpayer dollars. as the rolls increased, the profits in some of of america's largest corporations have increased as well. >> sean: we continue with peter schweit...

He says the revenue debate is now closed. spending is the problem. so he doesn't even want to discuss closing the loopholes and dealing with tax revenue. we're just going to deal with spending. >> right. and that has always been his stance. and that is certainly the assistance of house republican plan that has been floated over these last couple of days. and it looks at spending programs. it looks at cutting revenue or cutting spending from antipoverty programs. that's why you see the president very much trying to put a human face on some of the cuts that the republicans are proposing here. i ...

One specific question. in 50 years the poverty rate really hasn't changed in this country. it's it the same. why haven't we learned from that despite the trillions spent on antipoverty programs? why are we not learning anything? >> what your assumption is the antipoverty programs are meant to lift people out of poverty. what it's meant to do is to keep people from falling into poverty and those in poverty going further into poverty. you know you look at where this welfare money. goes to manufacturing less areas in the inner city no jobs and people on welfare are staying on welfare because they...