Assets and the Poor: New American Welfare Policy

by Sherraden, Michael
ISBN: 9781563240669
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Overview

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.
  • Format: Trade Paperback
  • Author: Sherraden, Michael
  • ISBN: 9781563240669
  • Condition: Used
  • Dimensions: 8.93 x 1.03
  • Number Of Pages: 344
  • Publication Year: 1992

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