Assignment 2: Income Support Policies
Louis Villegas
Ethics and Social Justice 220
Argosy University
July 28, 2013
Assignment 2: Income Support Policies
Social Security was established in 1935 and has been the largest social welfare program in the United States since. Its intended outcomes and funding comes from mandatory insurance system that levies a tax on payrolls and matched funds with the contributions of employers that are kept in a trust fund that pays retirement pensions based on prior earnings in the labor market. The targeted population is for workers that have reached the age of 66 or born after 1942. They receive a pension through the social security program, but also through private supplemental savings and pensions (Jillian Jimenez, 2012).
Liberals believe …show more content…
They also believe that TANF is a safe keeping for the poor and protection. They believe in long-term temporary assistance to a certain extent. Conservation believe that TANF should be a short-term need of assistance. They think that people are taking advantage of the temporary assistance. They also think that opportunities should be provided to make it possible for those in need to become more independent instead of them continuing to become dependent on the support of the government. Both Liberals & Conservatives believe that temporary assistances is a way of helping less fortunate become more independent and sustainable along with becoming less dependent on government support. Liberals believe TANF should be a long-term temporary assistance to a certain extent whereas Conservatives think it should be a short-term need of assistance.
The differences between Social Security (SS) and Temporary Assistance for Needy families (TANF) is that Social Security was introduced in 1935 and Temporary Assistance for Needy Families in 1996. Social Security targets people over the age of 66 whereas Temporary Assistance for Needy Families targets children under 18 and adult caretakers (Jillian Jimenez,
Ethics and Social Justice 220
Argosy University
July 28, 2013
Assignment 2: Income Support Policies
Social Security was established in 1935 and has been the largest social welfare program in the United States since. Its intended outcomes and funding comes from mandatory insurance system that levies a tax on payrolls and matched funds with the contributions of employers that are kept in a trust fund that pays retirement pensions based on prior earnings in the labor market. The targeted population is for workers that have reached the age of 66 or born after 1942. They receive a pension through the social security program, but also through private supplemental savings and pensions (Jillian Jimenez, 2012).
Liberals believe …show more content…
They also believe that TANF is a safe keeping for the poor and protection. They believe in long-term temporary assistance to a certain extent. Conservation believe that TANF should be a short-term need of assistance. They think that people are taking advantage of the temporary assistance. They also think that opportunities should be provided to make it possible for those in need to become more independent instead of them continuing to become dependent on the support of the government. Both Liberals & Conservatives believe that temporary assistances is a way of helping less fortunate become more independent and sustainable along with becoming less dependent on government support. Liberals believe TANF should be a long-term temporary assistance to a certain extent whereas Conservatives think it should be a short-term need of assistance.
The differences between Social Security (SS) and Temporary Assistance for Needy families (TANF) is that Social Security was introduced in 1935 and Temporary Assistance for Needy Families in 1996. Social Security targets people over the age of 66 whereas Temporary Assistance for Needy Families targets children under 18 and adult caretakers (Jillian Jimenez,