Chat with AIExam 7: Aging: Social Security As an Entitlement
The Social Security Act,like any policy or legislation was developed based on the assumptions and social conditions of the era in which it was created.List and describe at least three of the accepted assumptions of that time that are reflected in the program.Are these ideologies and assumptions/values that today's society retains? If not,what are the current predominant ideologies with respect to social insurance and elder care?
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Answered by Examlex AI CopilotThe Social Security Act, which was passed in 1935, was developed based on several assumptions and social conditions of that time. Three of the accepted assumptions reflected in the program include:
1. Assumption of limited individual responsibility for retirement and elder care: The Social Security Act was based on the assumption that individuals were not able to adequately save for their own retirement and elder care needs. Therefore, the program provided a social insurance system to ensure that all citizens had access to a basic level of financial support in their old age.
2. Assumption of the nuclear family structure: The program was also developed with the assumption that the traditional nuclear family structure, with a working husband and a stay-at-home wife, was the norm. This assumption influenced the design of the program, with benefits primarily based on the earnings of the primary breadwinner in the family.
3. Assumption of limited lifespan: The act was also based on the assumption that people would not live as long in retirement as they do today. This influenced the initial design of the program, with benefits intended to provide support for a relatively short period of retirement.
Today's society has evolved, and many of these assumptions and ideologies have shifted. The predominant ideologies with respect to social insurance and elder care now include a greater emphasis on individual responsibility for retirement savings, a recognition of diverse family structures, and an understanding of longer lifespans in retirement. There is also a growing focus on the need for more comprehensive and flexible elder care options, as well as a recognition of the importance of addressing issues such as long-term care and healthcare costs in retirement planning. Overall, the current predominant ideologies reflect a more nuanced understanding of the diverse needs and challenges faced by individuals in their retirement and elder care planning.
The Social Security Act has remained unchanged since its passage in 1935.
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VerifiedTrue
Social Security is a valid program that helps a broad range of people;however,there are still inequities in the system and some groups remain underserved.
(37) VerifiedTrue
Many employees receive pension plans through their employers.This standard benefit is:
(34) Social Security crisis that occurred in the 1980's was generated when:
(34) Assisting people based on their actual needs is referred to as:
(35) In 2012 American Airlines approached the biggest pension default in U.S.history.It was _______ short of meeting pension obligations.
(34) Due to the Social Security Act exclusion of farm laborers and domestic servants,what percentage of the African American population was excluded from receiving benefits?
(35) Describe income based entitlements and earned entitlements.What are the current perceived values of each in today's society? What are some common criticisms of entitlements and are these criticisms supported by facts? Do you think the general public has an accurate perception of what entitlements are and how they work? Why or why not?
(43) As Social Security has expanded,both numbers and categories of beneficiaries:
(37) What groups were excluded from Title II of the original Social Security Act of 1935?
(42) There is a pressing issue with regard to the Baby Boomer generation as they prepare for retirement and the ability of the Social Security program to remain solvent.What are some of the solutions discussed in the text that could help the program remain solvent? What are limitations and political difficulties associated with each option? Why has congress been unwilling to amend the program?
(34) In order to "strengthen and save" social security President George W.Bush proposed:
(30) Prior to 1935 elderly people who could no longer work received income from:
(37) About _________ of Medicaid's money goes to the last two years of its recipients' lives
(32) Medicare provides health coverage for those receiving old age insurance who are over sixty five years of age.
(42) The initial Social Security Act included a disability insurance program.
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