POLS 1101 Lecture Notes - Lecture 13: Debit Card, Supplemental Nutrition Assistance Program
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Contributory: social security (welfare, medicare, unemployment insurance. Non-contributory programs: means tested (if you"re even slightly then they won"t help you) Who benefits: the elderly, the middle class. Losers: children, the uneducated and the poor, minorities, women christensen said the books before boys, because boys bring. (ch. 13 part 2) central points from textbook. Contracting power the power of government to set conditions on companies seeking to sell goods or services to government agencies. Contributory agencies social programs financed in whole or in part by taxation or other mandatory contributions by their present or future recipients. Cost-of-living adjustments changes made to the level of benefits of a government program based on the rate of inflation. Fiscal policy the government"s use of taxing, monetary, and spending powers to manipulate the economy. Indexing periodic process of adjusting of social benefits or wages to account for increases in the cost-of-living.