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This paper compares the two welfare programs in practice in America - Social Security by the State and the Medicare program. It looks at the success of these programs in reducing the poverty rate among the elderly but also questions their future, largely because of the growing belief that they will not be able to sustain themselves as the working population shrinks while the number of retirees grow. From The Paper "Social Security (established in 1935) and Medicare (established in 1965) are two large federal entitlement programs that are aimed primarily at the elderly, although both programs extend coverage to the disabled as well.
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