How social security and unemployment insurance are funded

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Problem

After the reading the Issues & Applications in your etext: Interpreting Employment Data as the Gig Economy Grows and researching online how Social Security, Medicare, and unemployment insurance are more specifically funded, please answer the following questions:

Why might the U.S. government, which funds Social Security, Medicare, and unemployment insurance programs by taxing wages, desire to find a way to reduce self-employment and inhibit the growth of the gig economy?

Do you see the growth of the gig economy as a positive or negative trend in the economy? Explain.

Reference no: EM131818501

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