Poverty shouldn’t be completely extinguished. If you get fired from every minimum-wage job you get, didn’t apply yourself in school, and spend your weekends smoking pot rather than learning skills or reading books, then you should face possible starvation and homelessness.
I personally know a dozen people who fit the above description, but still have an automatic living standard higher than most of the people in the history of civilization, because our government forces you and I to provide it.
That this makes me “cold hearted” is insanity. The real cold-hearted people are those who want to force you to pay for the lifestyles of the intentional failures of the world.