A very brief paper on how JFK’s Fresh Frontier sociable program of welfare afflicted the American people.

JFK's Fresh Frontier set the foundation for the greatest development in govt welfare and regulatory companies since the New Deal. Certainly, the sixties began a time of elevated government handouts and federal government spending that locked people into low income as they became more dependent on government funds while burning off any motivation to find work for themselves. Moreover, increased government spending triggered higher fees for millions of employed Us citizens, eroding the economic protection of the American family. With less money to spend, save, and invest, the economy suffered and ordinary Americans became more susceptible to political figures who preyed on economical insecurity by proposing welfare programs to get the middle category as well as the poor. In this way, political figures literally bought the votes of tens of millions of americans. As the amount of welfare programs increased, political figures were unwilling to continue increasing taxes for fear that they can would not always be reelected. As a result, the government began to run large deficits, spending more money than it was taking in. By selling provides, known as Treasury Bills, the federal government began a big borrowing program in which this borrowed cash from the American people to be able to fund it is expenses. Before, such funding had been accustomed to pay for required internal advancements or nationwide defense, but now this money went to welfare programs. By the mid-1960s, the federal government would be functioning on credit rating. In addition , the Treasury Department and the National Reserve System encouraged the creation of more money. In place, paper dollars were imprinted that were not backed by sufficient goods and services. Since the United States travelled off the platinum standard in 1933, the federal government has been capable of create these kinds of excess money, leading to the condition of inflation. By living beyond its means, funding large amounts of money, foolishly expanding credit, and printing extra money, the government created a fake prosperity.



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