1. Why is Medicare a social insurance program, whereas Medicaid 1s a public assistance program? Why is the earned-income tax credit considered a public assistance program? (20 percent) ! 2. Comment on the following \"The incentives created by the attempt to bring about a more equal distribution of income are in conflict with the incentives needed to generate increased income.\" In your comment explain why you agree or disagree and explain the nature of the conflict. (40 percent) 3. Read the linked article from the New York Times on President Bidens recent welfare policy changes and discuss whether or not you think it will address the Incidence of Poverty discussed in Chapter 23. Be specific with references from the text and from the article. (40 percent)