The Effect Of The Great Depression - 1278 Words

The welfare program contains various items such as universal health care, education assistance, social security, public housing, unemployment, food stamps, cash assistance, and child care assistance. These items are often referred to as â€Å"the system†, or â€Å"entitlement programs.† The welfare program is considered a controversial subject that has been debated many times. Welfare has good and bad aspects to it. The welfare system came about when the stock market crashed in October of 1929. The stock market crashing had a huge effect on the economy. Banks started to fail, businesses closed, and thus millions of people lost their jobs. The effect of the Great Depression was crucial. It was particularly hard on the children. President Franklin†¦show more content†¦This program was designed to help families that had hit rock bottom and needed a little help getting back on their feet. This problem is important to me because our Children’s future have a lot at steak with this. The welfare program is being used more and more. While the money going out from our government to help all these families, our deficit keeps growing larger. So who pays for all the families who are receiving these benefits? The hard-working people, who have jobs, are taxed to provide a portion of the money needed to fund this program. The other portion comes from the government, but our taxes are used to pay back the money that was lent out. Most of our federal spending goes out to dependence programs, actually seventy percent of the total federal spending, either discreetly or indiscreetly. (Mulhlausen Tyrrell) The people who go to work every day are trying to get ahead, but instead they have money removed from their paycheck to give to someone who either can’t work or won’t work. Most people are not people who abuse the system. Welfare benefits outsource the income that most recipients can expect to earn from an entry- level job. The welfare system provides such a high level of benefits that it acts as a disservice for work. Welfare averages pay at around fifteen dollars and hour. That is significantly more