Limited Safety Net

Limited Safety Net

A social safety net that assists a narrower range of persons than other social safety nets. For example, a limited safety net may only provide nutritional assistance to children and not to impoverished adults. Proponents of limited safety nets argue that safety nets drag on an economy and that restricting eligibility spurs job creation and innovation. Critics maintain that limiting the safety net harms the most vulnerable members of society.
References in classic literature ?
If money's to be the measurer, man, and the accountants have computed their great counting-house the globe, by girdling it with guineas, one to every three parts of an inch; then, let me tell thee, that my vengeance will fetch a great premium here
In the first place, very good wages, to which were attached, and from which hung, like extra bunches of grapes on his vine, the revenues of the civil and criminal registries of the provostship, plus the civil and criminal revenues of the tribunals of Embas of the Châtelet, without reckoning some little toll from the bridges of Mantes and of Corbeil, and the profits on the craft of Shagreen-makers of Paris, on the corders of firewood and the measurers of salt.
At intervals the measurer went his round from bin to bin, accompanied by the booker, who entered first in his own book and then in the hopper's the number of bushels picked.
The measurer in the distance fell flat upon his face, and then jumping up again, he began to run in the opposite direction.
The "degree of accuracy" of an instrument which is a reliable measurer is the ratio of the difference of response to the difference of stimulus in cases where the difference of stimulus is small.
It doesn't completely replace workers compensation but it does provide a limited safety net that provides 85 per cent of lost weekly wages, death and disability insurance of up to $100,000 and rehabilitation expenses up to $300,000.
This is a very serious issue for people who have a secure, Federally insured pension one day and wake up the next with an annuity from a company they did not choose, without having been asked or given any option to accept or reject, and protected by a flawed, inconsistent and limited safety net.
The income provided by welfare benefits is a limited safety net for those who have little choice about the situation they find themselves in, it is not a feather bed being 'chosen' by people who have simply decided to opt-out of work.
It was designed to provide a limited safety net for personal insurance consumers who could suffer Financial ruin if their auto or homeowner claims were not paid.
The measure of distance to safety net providers is limited in that it is not a measure of overall safety net capacity and does not directly distinguish between uninsured people living close to a relatively limited safety net versus those living close to an extensive safety net with multiple providers, nor does it directly measure differences in travel times.
On the editorial page of The Wall Street Journal, Irving Kristol recently posited a dichotomy between the good "masculine" welfare state (a limited safety net for the needy and the down-on-their-luck) and the bad "feminine-maternalistic" kind (an ever-expanding blob of indiscriminate "compassion" toward anyone who claims to be suffering).
Bank regulatory policy promoted privatization, financial liberalization, free entry, and limited safety net support, and it established a novel mix of regulatory and market discipline to ensure stable growth of the banking system during the liberalization process.