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

JFKs upstart frontier laid the foundation for the greatest developing in governing social welfare and regulatory agencies since the New Deal. Indeed, the sixties began an era of increase government handouts and government spending that locked be into poverty as they became more(prenominal) dependent on government station while losing any incentive to find throw for themselves. Moreover, increased government spending resulted in higher taxes for millions of apply Americans, decay the economic security of the American family. With less funds to spend, save, and invest, the delivery suffered and ordinary Americans became more susceptible to politicians who preyed on economic insecurity by proposing welfare chopines for the middle class as intimately as the poor. In this way, politicians literally bought the votes of millions of Americans. As the morsel of welfare political programs increased, politicians were reluctant to continue raising taxes for fear that t hey 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 set out to fund its expenses. In the past, such borrowing had been used to impersonate up for needed internal improvements or national defense, yet 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.

forever 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 paradox of inflation. By living beyond its means, borrowing large amounts of money, unwisely expanding credit, and... Although short, this was well written, comprehensive, and easy to understand. Im not sure what how long your attempt 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 motive to proceed a full essay, order it on our website: OrderCustomPaper.com

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