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Assets and the Poor - New American Welfare Policy (Paperback)
Loot Price: R1,161
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Assets and the Poor - New American Welfare Policy (Paperback)
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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) 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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