Should Congress continue to support social security? Absolutely! I think that the government should continue funding social security, because for some people that’s the only thing they can rely on as their source of income, if they stop funding social security then millions of people have no way of surviving then they have to go with their plan B which is go to other welfare programs like food stamps, etc. If they turn to other welfare programs doesn’t that mean it would cost the government even more money? Social security provides a source of income for people who doesn’t get enough benefits or people who have retired. I think this program is very advantageous and should continue to support and funding it if they don’t then millions of people have no ways of surviving, and increase poverty even more. Most people don’t know the history of social security, who created it, when it was created and why it was created. Well social security was created in 1935 and was signed into a law by President Franklin D. Roosevelt during the Great Depression when impecuniousness rates among senior citizens exceeded by 50%, they decide to do something about it, and created the social security at first it was called the “social insurance”. We can never insure one-hundred percent of the population against one-hundred percent of the hazards and vicissitudes of life. But we have tried to frame a law which will give some measure of protection to the average citizen and to his family against the loss of a job and against poverty-ridden old age. This law, too, represents a cornerstone in a structure which is being built, but is by no means complete.... It is...laws that will take care of human needs and at the same time provide for the United States an economic structure of vastly greater soundness” A quote from our beloved president Franklin D. Roosevelt. People, who are retired, disabled or cannot provide for themselves benefit from this as a…
The original idea of the United States Social Welfare System that was prompted in the 1930s due to the Great Depression, was that it would be a temporary program used to help those who recently became unemployed to get back on their feet. In a recent article by Hope yen of the Huffington Post, "Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream." If you look at it more closely 114.8 million families as of 2010 depend on welfare compared to 4.5 million families in 1996. The United States government should restructure the existing qualifications and regulations for any current and future dependents seeking assistance from government-funded programs due to the increasingly high rate of chemical dependency, financial instability, and fraud within the programs.…
Education, as defined by Merriam-Webster dictionary, is stated as “[the] knowledge, skill, and understanding one acquires from attending a school, college, or university.” By definition of these terms, one first would think that true education is reading, writing, and math skills students are forced to endure for twelve plus years in cold metal desks. True education, though, is the ability to question, think, and be aware of one’s self and surroundings in order to develop skills to grow and prosper. Public education in its ongoing state interrupts this process. Granted that the majority of American youth is publicly educated, public schools are the backbone of the American citizen.…
The Social Security has managed to maintain a surplus since 1983 and will continue to do so until about 2037, if action isn’t taken to raise taxes or increase the contributions. President Barack Obama has a unique idea of imposing higher payroll taxes on wealthier individuals. Individuals may be under the impression that the Social Security may be broken because the amount of benefits they receive is minimal and expect those benefits to be their sole income. Individuals must come to the realization that Social Security is only there to supplement their income and not be their only means of an…
As an international student I saw a lot of difference between public school in United State and in my country. American children only allow go to public school in their district, while in Indonesian student can go to any public school even their house is 50 km away from school. If I were an American who have a child that ready to go to school, I’ll let my child go in to charter school, which have a better quality from public school. It doesn’t mean charter school can guarantee the children will be successful person. Public schools also produced many famous people, but the public schools…
In today world, the government with its ability has a lot to influence markets, technology, and behavior through policies and regulations. In this public purpose education is the core the government is supporting. If the citizens have the right to education at any point in their life, then there are more chances of getting better jobs, which will increase the economy. For example, if there is a group of students who are interested in science the government funding will help the students to do more research in what they want to, and if they do discover something beneficially in the science field, this funding will help the government make more money. Personally, I think it’s a vice-versa…
Should public, or government, schooling be avoided? In the essay No Home-schooling Vaughn Argues that Homeschooling is the best schooling for children and that government schooling should be avoided. Parents put forth the excuse that they are not smart enough to teach their children. Parents believe that government schooling teaches their children both academics and socialism. “The government schools are not teaching your child Judeo-Christian values; they are going to teach him or her how to survive in a group…” Public schooling in the United States is set up to dumb children down. Homeschooling provides one on one attention to a child, and so they do not have to fight for attention from a teacher in governmental schooling. Public schooling is being used as propaganda changing the way your child may think whereas homeschooling provides your child the opportunity for a parent to teach the values of true freedom and individuality. Children need to be tested for their values instead of their knowledge and this simply cannot be done in government schooling.…
"It is a national tragedy that in America, one of the world's wealthiest nations, more than 25 million people, 13 million of them children are not able to meet some of the fundamental of human necessities" (Bopp).The SNAP benefit program is a program that helps families who cannot provide themselves with food and money so they can live healthy lives with a roof over their heads. This program helps millions of people throughout the nation and provides them with food and money. If this program gets cut off by the federal government millions of people will be starving on the streets. The government should maintain the SNAP benefits program to help provide families nationwide with basic human needs of life , and because If this program was cut off it would look bad on the government for leaving so many people on their own with barley anything.…
Some people say that this program’s purpose is to not to pay for the lazy, but to pay for the people that can’t physically or mentally work. I have no problem assisting the incapable in having basic living requirements, but the fact is that most of the people on Welfare are…
government has a responsibility to it 's citizens, impoverished and otherwise, which is where the…
The most important role of the United States government is to protect the rights and freedoms of individual citizens. Some might argue that the world 's greater issue is government(1). All countries have social issues that are mostly blamed on the government. Governments should first focus on the social issues that the citizens are mostly concerned off. The United States has many social issues some of those issues are education, tax the wealthy, creation of new jobs, same sex marriage, gun control and many others.…
To begin with, welfare state programs deters private savings and reduces labour supply, and requires increasing taxes to finance them the program. After a while, people will find this rise of taxes a hit to their pockets. The most common way to feel this impact is in daily expenditures. If a person nowadays spends a hundred dollars in groceries, after a while that person will spend a hundred and twenty dollars in that same products, adding more and more value to those same products, and thus devaluating the money people own. It is known that a welfare state benefits different parts of society between the range of health, education, and social protection, "Social Security and Medicare account for three-fifths of federal welfare-state expenditures and for one third of all welfare-state expenditures in the country" (Lemieux, 228). Thus the money spent in Social Security and Medicare stays there, not as if it will be spend, for example, in infrastructure, something that can be seen. Again, the excess of expenditures that does not have profits creates debt…
The government really needs to focus more on assisting the people who really truly need their help. They need to stop helping the ones in this magnificent country of ours such as: drug addicts, illegal immigrants, and all those people who live to take advantage of the system and find loopholes. They need to do background checks on the people who they assist and do quarterly personal check-ups to make sure they are spending this countries tax money on the right things. They need to help out the homeless more, as well as the people that are almost homeless for next to uncontrollable reasons such as divorce, and natural disasters that befall onto them.…
As stated above the government is responsible specifically for (1) forming a more perfect union, (2) establishing justice, (3) insuring domestic tranquility, (4)providing for the common defense, (5) promoting the general welfare, and (6) securing the blessings of liberty to ourselves and our posterity. In determining if the government is functioning in a responsible manner, we can come back to these obligations.…
Discussion Paper on 'Mandatory Safety Net Mechanism' Background Regulation 44 of SEBI (ICDR) Regulations, 2009 addresses the concept of Safety Net in public Issues. Excerpts from the same are reproduced below: “An issuer may provide for a safety-net arrangement for the specified securities offered in any public issue in consultation with the BRLM after ascertaining the financial capacity of the person offering the safety-net arrangement, subject to disclosures specified in this regard in Part A of Schedule VIII of SEBI (ICDR) Regulations, 2009. Provided that any such arrangement shall provide for an offer to purchase up to a maximum of one thousand specified securities per original resident retail individual allottee at the issue price within a period of six months from the last date of dispatch of security certificates or credit of demat account.” Reasons for review In the analysis of price performance of the scrips listed during 2008 to 2011, it was observed that out of 117 scrips, 72 (around 62% issues) were trading below the Issue price after 6-months of their listing. Out of those 72 scrips which witnessed fall in price, in 55 scrips the fall was more than 20% of the Issue price. In this scenario if the trend continues, the sentiments of the investors would get affected and they may lose confidence in the capital market. Thus, there is a need to provide Safety Net arrangement for RIIs to build their confidence in capital market. Discussion in Primary Market Advisory Committee meeting held on 31/07/2012 The Primary Market Advisory Committee (PMAC) was of the view that considering the recent post-listing price performance of IPOs, it is necessary to make the safety net mechanism mandatory for IPOs so as to reinforce investor confidence in capital markets and discipline issuers and market intermediaries. Thus, the Committee was, broadly, in concurrence with SEBI on the need for such a mechanism. However, the Committee was of the view that the proposed mandatory…