Pick an entitlement program of your choice. First discuss the efficiency and social justice basis for public finance on that program. Second, compare the design for the U.S. With other similar program elsewhere, highlighting the pros and cons in terms of meeting social objectives.
• 8-page, one and half spaced (not including references)
• Typed out, well written, graphs neatly drawn, and referenced.
Entitlement Programs of the federal government include Medicaid, Medicare, Social Security, Unemployment and Welfare Programs. Feel free to write about anyone of these entitlement programs, make sure to discuss the efficiency and social justice basis for public finance on the program you chose to write about. Then compare the design for the U.S. with other entitlement programs in any other country highlighting the pros and cons in terms of meeting social objectives. Also please include graphical illustrations.
Entitlement program Student Name Professor Name Course Title Date Entitlement programs Entitlement programs have played a significant role in alleviating poverty and raising living standards of low-income families. Entitlement program is a government initiative that guarantees members of a specific group access to some benefits. The specific group of people who benefit from the program are determined by legislation or based on established rights. Furthermore, entitlement programs are divided into non-contributory and contributory programs. Non-contributory program is one where benefit is given without regard to any prepayment, while contributory program is one in which recipient must pay something to receive benefit of the program. Non-contributory programs in U.S include welfare programs and Medicaid programs that target low-income earners in America. On the other hand, contributory programs include Social Security, Medicare, and unemployment insurance. This paper will focus on non-contributory programs, especially welfare programs. The paper will analyze the efficiency and social justice basis for public finance on the welfare programs, conduct a comparison between the welfare programs of U.S. with that of other countries, and highlight the pros and cons in terms of meeting social objectives (U.S. Welfare programs, 2015). The U.S Welfare programs that provide benefits to low-income people and families fit into thirteen large categories. The p...