Assets and the Poor : New American Welfare Policy
Book Details
Format
Hardback
ISBN-10
0873326180
ISBN-13
9780873326186
Publisher
Taylor & Francis Inc
Imprint
M.E. Sharpe
Country of Manufacture
US
Country of Publication
GB
Publication Date
Dec 31st, 1990
Print length
344 Pages
Weight
800 grams
KSh 30,950.00
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This work proposes a new approach to welfare: a social policy that goes beyond simple income maintenance to foster individual initiative and self-sufficiency. It argues for an asset-based policy that would create a system of saving incentives through individual development accounts (IDAs).
This work proposes a new approach to welfare: a social policy that goes beyond simple income maintenance to foster individual initiative and self-sufficiency. It argues for an asset-based policy that would create a system of saving incentives through individual development accounts (IDAs) for specific purposes, such as college education, homeownership, self-employment and retirement security. In this way, low-income Americans could gain the same opportunities that middle- and upper-income citizens have to plan ahead, set aside savings and invest in a more secure future.
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