A very short paper on how JFK's New Frontier social program of welfare affected the American people.

JFKs wise frontier laid the foundation for the greatest growth in governing welfare and regulatory agencies since the New Deal. Indeed, the mid-sixties began an era of increase political relation handouts and government spending that locked survive into poverty as they became more(prenominal) dependent on government holding while losing any incentive to find throw for themselves. Moreover, increased government spending resulted in higher taxes for millions of apply Americans, erode the economic security of the American family. With less bills to spend, save, and invest, the prudence suffered and ordinary Americans became more susceptible to politicians who preyed on economic hazard by proposing welfare chopines for the middle class as tight as the poor. In this way, politicians literally bought the votes of millions of Americans. As the morsel of welfare schedules increased, politicians were reluctant to continue raising taxes for fear that they would not be reelected. Thus, the government began to run large deficits, spending more money than it was taking in. By selling bonds, k straight offn as Treasury Bills, the government began a huge borrowing program in which it borrowed money from the American people in cat to fund its expenses. In the past, such borrowing had been used to ramble up for needed internal improvements or national defense, that now this money went to welfare programs. By the mid-1960s, the government would be operational on credit. In addition, the Treasury Department and the national bind System encouraged the creation of more money. In effect, cover dollars were printed that were not backed by adequate goods and services.

ever since the unify States went off the gold standard in 1933, the government has been able-bodied to create such excess money, leading to the conundrum of inflation. By living beyond its means, borrowing large amounts of money, foolishly expanding credit, and... Although short, this was well written, comprehensive, and easy to understand. Im not sure what how long your experiment was estimate to be, but if it was only suppose to be a page, therefore this is very good. If not, then you could have tied it in a bit more with the effects on peoples lives. This is in more of an article format. However, it is a good sum of JFKs New Frontier social program...Overall for such a short essay it is ok. If you demand to proceed a full essay, order it on our website: OrderCustom Paper.com

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