Upload
giles-harvey
View
214
Download
0
Tags:
Embed Size (px)
Citation preview
EE #19: Safety Net
Most people on welfare are lazy.
Do you agree or disagree with this statement. Explain.
What do most Americans make in a year?
• Median Income: average income–$52,000
• If you live completely
on your own, how much
do you think you’ll need
to survive?
Poverty in US
• Poverty Line: gov’s index of poverty –Family of 4: $22,050 / year
–Is this “poor”? –Low income: 200% of poverty line
(approx $44,000 / family of 4)
Turn to pg. 85
1. According to the chart, which group is most likely to be in poverty?
2. Which group is the least likely?
3. Why do you think this occurs?
• Do the rich really keep getting richer? – Look at the following chart– What is happening to those in
the lower 5th as compared to those in the upper 5th of incomes?
Social Insurance
• Programs ppl pay into & later receive benefits:–Social Security–Medicare–Unemployment