Socialism and Social Democracy, we need to know what we are talking about. (S2E5) BL& BI 2/3/21

Cousins, we hear about socialism but what about social democracy?
See the definitions of each and when you hear the words, ask what the speaker means by using the terms.

Some examples of social democracy in the United States --
1) President Trump's aid to Farmers $28 B, more than a number of departments Including the State Department and NASA, Forbes Magazine 1/20https://www.forbes.com/sites/eriksherman/2019/12/27/trump-china-tariffs-farmers-subsidies/?sh=305fbb9d5b39
2) Pandemic relief Bill in 2020 $2.2T all to cousins, of course not (https://www.fitsnews.com/2020/03/28/the-first-coronavirus-stimulus-law-is-in-effect-whats-in-it-will-it-help/)
3) Social Security we all pay and if you are around long enough you collect
4) National Flood Insurance https://amp.theatlantic.com/amp/article/535731/
5) The Affordable Care Act, I refer it to Health Insurance “Lite”

*** NASA -- National Aeronautics and Space Administration https://www.nasa.gov/

#socialism
#socialdemocracy