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Are social welfare programs part of the safety net to help prevent a 1930's type Depression?
12-14-2012, 08:12 AM
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Forget War Buy More Offline
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Are social welfare programs part of the safety net to help prevent a 1930's type Depression?
Harvard economist Benjamin Friedman states the safety nets that can be traced to the Great Depression, like Social Security, unemployment benefits, food stamp program “give people a sense of security even when they’re out of work. ”

In turn they " establish a floor for how panicked consumers become.”

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Are social welfare programs part of the safety net to help prevent a 1930's type Depression? - Forget War Buy More - 12-14-2012 08:12 AM
[] - justagrandma - 12-14-2012, 08:20 AM
[] - harry k - 12-14-2012, 08:20 AM
[] - Johnny 2 Times - 12-14-2012, 08:20 AM
[] - Kelvinistic - 12-14-2012, 08:20 AM
[] - Luckygiraffe554 - 12-14-2012, 08:20 AM
[] - Word Girl - 12-14-2012, 08:20 AM

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