R
RCIAGraduate
Guest
Would it be a good idea if we readjusted the current structure of our social welfare programs to emphasize transitional assistance, in order focus on poverty alleviation rather than relief and incentivize the poor and low-income into moving towards the working-class. For instance, some ideas could include.
P.S Thanks dmar198 for the title idea.
- Tweaking the Earned Income Tax Credit to reward families that leave federal-poverty lines and other government guidelines that qualify them for social programs like Medicaid and Welfare.
- This is one I read about before (Thank you Corki) which is providing some sort of low-cost health insurance or even gap coverage(like S-CHIP) so families don’t need to be worried about them and or their children losing health coverage due to a bonus or raise.
- Ample provision of supports such as Transportation and Child Care Assistance to help families with employment and work.
- Maybe encouraging savings and asset-building. Rather than encouraging homeownership (and long-term debt) with government-backed loans, the government can encourage working class families to attain some measure of stability by providing a matched savings program such as Individual Development Accounts for various purposes such as education and training, forming a small business, home or simply even accounts for retirement or emergencies.
P.S Thanks dmar198 for the title idea.
