Through The Safety Net

A contemporary master of short fiction dives into the undercurrents of middle-class American life in these eleven arresting, often mesmerizing stories.

How can you construct a financial investment strategy to protect yourself … yet still get the growth to ensure a solid financial future and comfortable retirement during these turbulent times? By building an investing safety net that gives you the gains needed for growth – though more modest than those of past years – but protection against the downside. So when turbulence strikes again – and it will – you won’t re-live the financial nightmares of recent years when portfolios and 401Ks were devastated. Jim Glassman provides the specifics you need for shrewd asset allocation, specifically: Reduce stock ownership. For those stocks you do own, ensure they meet one of these criteria: pay dividends; are low-priced and from industries of the future; or companies based in aspiring nations such as India, Brazil and China. Make a substantial investment in bonds, especially US Treasury TIPS bonds and corporate bonds Hedge against decline by owning a bear fund that shorts the US economy. Own funds based on other currencies, thus protecting yourself against the potential declining value of the US dollar. And consider derivatives. Yes, derivatives! Specific stock, bond and fund recommendations and ample portfolios then provide the starter ideas for properly balancing a portfolio. And the 5 principles and 18 specific rules of “the new rule book” help keep “animal spirits” in check when fads and news flashes provide the temptation to make rash investing decisions that will be quickly regretted.

This is an edited volume reviewing the major means-tested social programs in the United States. Each author addresses a major program or area, reviewing each area’s successes and recommending how to address shortcomings through policy change. In general, our means-tested programs do many things well, but some adjustments to each could make the system much more effective. This book provides policymakers with a broad overview of the issues at hand in each program and how to address them.

Catching Homelessness is the compelling true story of a nurse's work with--and young adult passage through--homelessness.

A “remarkable” look at the flaws of the social safety net through one family’s personal tragedy and the Catch-22 financial disaster that followed (Deborah A. Stone, author of Policy Paradox). When Andrea Louise Campbell’s sister-in-law, Marcella Wagner, was run off the freeway by a hit-and-run driver, she was seven-and-a-half months pregnant. She survived—and, miraculously, the baby was born healthy. But that’s where the good news ends. Marcella was left paralyzed from the chest down. This accident was much more than just a physical and emotional tragedy. Like so many Americans, neither Marcella nor her husband, Dave, who worked for a small business, had health insurance. On the day of the accident, she was on her way to class for the nursing program through which she hoped to secure one of the few remaining jobs in the area with the promise of employer-provided insurance. Instead, the accident plunged the young family into the tangled web of means-tested social assistance. As a social policy scholar, Campbell thought she knew a lot about means-tested assistance programs. What she quickly learned was that missing from most government manuals and scholarly analyses was an understanding of how these programs actually affect the lives of the people who depend on them. Using Marcella and Dave’s situation as a case in point, she reveals the programs’ shortcomings in this book. Because American safety net programs are designed for the poor, the couple first had to spend down their assets and drop their income to near-poverty level before qualifying for help. What’s more, to remain eligible, they’ll have to stay under these strictures for the rest of their lives, barred from doing many of the things middle-class families are encouraged to do: Save for retirement. Build an emergency fund. Take advantage of tax-free college savings. And, while Marcella and Dave’s story is tragic, the financial precariousness they endured even before the accident is all too common in America, where the prevalence of low-income work and unequal access to education have generated vast—and growing—economic inequality. The implementation of the ACA has cut the number of uninsured and underinsured and reduced some disparities in coverage, but continues to leave too many people open to tremendous risk. Behind the statistics and beyond the ideological battles are human beings whose lives are stunted by policies that purport to help them. In showing how and why this happens, Trapped in America’s Safety Net offers a way to change it. “An engaging narrative account of how social assistance programs shape real people’s lives. Campbell is authoritative and scholarly, yet warm and personal—a rare combination one sees in the likes of Oliver Sacks and Barbara Ehrenreich.” —Deborah A. Stone, author of Policy Paradox “Makes a compelling case for a stronger, more integrated, and ultimately more effective strategy for helping the millions of Americans who find themselves plummeting out of the insecure middle class.” —Jacob S. Hacker, New York Times–bestselling coauthor of Winner-Take-All Politics

An overview of the role played by federalism in anti-poverty policy and in poverty law.

This book investigates the origins, current state, and fundamental value of social safety nets in developing countries, as well as their effectiveness in these settings. Social safety net programs (SSNPs) are critical because they keep those who are already vulnerable from falling deeper into poverty. Analysing how social safety nets benefit the most disadvantaged and marginalized members of society by allowing those in need to become financially stable, more resilient, and open up more opportunities for themselves, this book shows that social safety nets (SSNs) are a collection of social services designed to protect people from the effects of economic and emotional hardship. Showing that the purpose of the safety net is not to provide permanent financial security, but rather to provide temporary financial security during periodic shocks and how this applies in South Asia and also in parts of Africa, this book will be of interest to all scholars and students of social policy, sociology, social work, and Global South politics more generally.

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