Welfare System Pros And Cons

Are pennies worth minting? Many people believe they’re a waste of money, but some people believe that they’re still worth minting. Pennies should not be minted for many reasons such as, the penny costs more money to make then the penny has in value. Another reason is that pennies are a severe waste in time such as people often pay with pennies as a practical joke, which means hard working employees often have to spend the time to count those pennies. The final reason is because the penny is losing the government money.

The US is more than 66 trillion dollars in debt, has more than 560,000 people that are homeless and poverty rates are up to 13.5% (43.1 million people). Other countries are like that too, and we help those countries with foreign aid, but we barely help our own country. These reasons are why we should ban foreign aid, the US is too much in debt and there are too many rich countries that we give foreign aid too. I believe that foreign aid is a negative aspect of this world and should be no longer allowed. One of the reasons why i believe that we should no longer have foreign aid is that the United States is too much in debt to afford foreign aid.

putting the security of these civilians a risk, defeats the whole purpose of social security, which is why the privatization of Social Security would be foolish. A major risk of privatization is that the transition from a “pay as you go” system to a fully funded system would be very difficult to manage, for many reasons. Currently, the taxes paid by each generation of workers fund the retirement benefits of the previous generation of workers. While each generation of workers has been confident that its retirement would be financed by the next, this confidence is eroding (Pollard 1).

However, I cannot accept that by doing that will guarantee an individual a pathway to a better life. Reason being, there are a wide majority of Americans who (even in high middle class families) are simply unable to save for their future due to, high mortgage rates, car insurance, medical bills and some are just too far into debt from all of these factors to even consider any long AMERICAN DREAM: ALIVE BUT HARD TO REACH 4 term saving. Even with the unemployment rates down and, the job market on the rise.

According to source 6, this is a huge problem because it is not fair to the people who are still on Earth. First off if it was funded by the U.S. this would hurt our debt problem. Next, people 's taxes would be higher in order for us to fund the project, which is really not

People want all the benefits promised to them later down the road. This worry is comes from a system that forcefully removes money out of every single paycheck somebody gets. Currently, with demographic pressures and lack of reformations, 75 percent of promised benefits would be attainable (New York Times). That currently means roughly 25 percent of americans who pay social security tax, will not reap the benefits. There is no determinant of who gets what benefits.

When the number of dependents increases one of two actions must occur in order for the economy to remain balanced and safe, either the number of working citizens must increase or the productivity of those citizens must increase. In the case of homeless people, who most often have no close connections to working citizens, neither of these actions can or will occur to compensate for their burden. If dependents are cared for by the governments of these economies the governments must pay the bill by increasing taxes or changing the national budget and in many cases these options are incredibly difficult to see through, if not technically impossible. The government may be able to budget for a certain amount of aid for the homeless and poor however this aid will enact the feral cat behavior, attracting people who seek to be dependent because it is now easier than being a productive citizen. More people using this aid means less for those who really need it and after some time will spread the resources so thin the only options will be to increase the resources or let them run

It is a very selfish act and is not pleasing or uplifting to the kingdom of God. When we treat people right especially in doing business with them it is our way of giving back to God just as he has given to us. Poor people have been oppressed for a very long time and the government provides them with very little incentives that will allow them to get back on their feet and become productive citizens. True, there are several human services programs available to assist people, however the criteria is hardly ever meet for certain families and individuals. Single and married couples without any dependents are among some of the people who are in a higher tax bracket.

I do not think that some people should pay more taxes than other people because I see no reason why some people pay more taxes than others when they are just the same in terms of income and asset ownership. If this were to be implemented there would be improved living standards. People who work and only make a little bit of money are burdened by the high taxes since they are already struggling to make ends meet. The changes that just recommended would most likely affect the economic ability of the government to carry out its functions because the changes will help bring equality into the government and also bring functionality.

Opposers believe that free college would be unsuccessful for three main reasons: first, free college would result in higher tax cost for the public and taxes couldn't be increased enough to provide college tuition funding; second, the tuition money is needed to provide for things like college maintenance and school supplies, and free college will lower the quality of education; and third, a college degree wouldn't mean anything because there would be no competition and colleges will be less incentivized to improve. According to opposers, the extremely high tax raise it will cause is one reason why it won't be successful. “It simply [would shift] costs from students to taxpayers,” said Andrew Kelly, resident scholar in education policy studies and director of the Center on Higher Education Reform at the American Enterprise Institute. Sanders’ plan of free college tuition would raise tax revenue by $13.6 trillion over the coming decade, according to the Tax Foundation’s report (Pianin). That would be insanely

$19.3 trillion dollars , this is the amount of the United States’ national debt, but the overall figure is approximately $66 trillion dollars. Indeed, the next President has an abundance of problems to solve, but solving them requires money. Considering this, our Nation’s debt is the biggest issue our next president will have to resolve.

He believed that it was not the place of the federal government to tell companies how much they should pay their workers. Along with this, Reagan thought that companies would naturally raise their wages in order to keep their employees from going to other employers with higher wages. Competition between corporations would cause the salary of civilians to go up and the minimum wage would be irrelevant. Theoretically, this may work, but it failed and not create a safety net for citizens. Some workers would have no choice but to work minimum wage and this amount of money is barely possible, if not impossible, to live on.

In the event that the 1 percent had less, a greater amount of the 99 percent of Americans would not be getting kicked out of their homes or needing to battle to pay rent on account of the absence of cash. In light of the crevice between the wealthiest and the rest, individuals are stressed over the out of line economy dispossessing their future. As stated in the article " We are the 99 percent" they mention how the middle and poor class are getting noting while the 1 percent is getting everything. How unfair is

These costs vary widely across the states, the national average gives insight into how steep the deductibles and premiums can be. For lower income Americans, The ACA subsidies have proven to reduce the premiums, but for an individual whom doesn’t meet the criteria for the subsidies will find it difficult to afford healthcare. In

(6) Furthermore, the studies that have shown that the presence of a rounding tax will increase prices are a myth. These studies were funded by the zinc industry in an effort to maintain the circulation of the penny in the economy. Also, we can look to other countries that have eliminated their one-cent currency such as Canada, Australia, and New Zealand with no ill effects. (1) From this evidence I can conclude that the fear that the elimination of the penny may cause unforeseen consequences is completely irrational.