Wednesday, May 6, 2020

Government Assistance Programs - 1243 Words

Unemployment and poverty pervaded American society during the Great Depression of the 1930s. Fatherless children ran abundant in the streets. Money was worthless unless it was for toilet paper. Many families were evicted from their homes, marriage was delayed, and the birthrate fell. The economic collapse of the 1930s was terrifying. For about seven years, Americans suffered greatly in the Great Depression until in 1933 when Franklin D. Roosevelt started his First Hundred Days campaign, leading to the start up of the government assistance programs. As the years progressed, more government assistance programs came into existence and old ones transformed. Today, there are numerous government assistance programs ranging from food needs to†¦show more content†¦Benefits help bring society together as a nation. Although government assistance programs are very beneficial, they have their negative consequences. Often assistance programs can lead the sponsor to bankruptcy and promote negative financial behaviors. Many people have come to rely on the government for daily necessaries; however, this considerably impacts American’s financial standing. Much of the funding for the assistance programs is running very low. â€Å"Social Security is not sustainable over the long term at current benefit and tax rates. It is estimated that the trust funds reserves will be exhausted by 2033,† (SSA.org). Many of the programs are facing budget cuts due to Congress trying to reduce the federal budget deficit and national debt. Because of the over use of assistance, America’s budget for assistance programs is constantly decreasing. As a solution to solve the budget problems more assistance programs have been created leading to numerous programs that offer the same resolution. Because of th e multiple assistance coverage, majorities of people have dual coverage resulting in more funding then necessary for recipients. The extra funding that recipients receive promotes negative financial behaviors. People on food stamps often buy unhealthy food vs. the healthier food. People have the choice to buy a nice 12-dollar cake vs. the two-dollar box cake. Due to the fact thatShow MoreRelatedThe Potential Abolishment of Government Assistance Programs 1248 Words   |  5 PagesThe Potential Abolishment of Government Assistance Programs Government Assistant Programs such as Welfare, Food stamps, Daycare, Healthcare, Energy, Communication and Transportation should be kept because they serve as an aid to people who need them. Past and current supporters of extirpating Government Assistant Programs claim that social security is number one on the list for needing to be suppressed. 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