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 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?

What role does education seem to play?

Do the rich really keep getting richer? –Look at the following chart –What is happening to those in the lower 5 th as compared to those in the upper 5 th of incomes?

Social Insurance Programs ppl pay into & later receive benefits: –Social Security –Medicare –Unemployment

Income Assistance Program Money, goods, or services for low income –Welfare –Medicaid

Does the U.S. do a good job of taking care of those in poverty?