Social Security Solution

The favor equal to(p) tribute SolutionOUTLINEThesis: An overview of the amic subject Security quandary and what affirmable solutions there might be. I.Social Security 101II.The Privatization of Social SecurityIII.How Privatization would progeny the younker and ethnicIV.Bush?s planV.The possible solution(s)VI.Works Cited PageSocial Security 101What is social auspices? Social security is a retirement program that departs an income for workers and their families during their lives and particularly at retirement. It move be the besides source of income for numerous retired Americans who fork over not made any other provisions for the declension time of their lives. There has also been an influx in sr. Americans have to acquire ?retirement jobs? in order to adduce their income. some(prenominal) low-income households utilize social security as their only income source. Women and minorities depend on Social Security imputable to deficiency of education and employment th erefore raceing to accept minimum wage positions in which they be unable to present or invest to supplement social security benefits. Social security also provides income for those people who have become change and can no longer work and for those spouses and children whose wage wage earner has passed away. Many Americans believe that Social Security is bankrupt.

But in worldly concern Social Security will be able to bide paying break wide-eyed benefits until 2053, afterward that 70 to 80% still could be paid out thereafter for decades. So with this in mind, Social Security is set about a semipermanent financial problem but it is not a crisis as some are trying to lead ever! yone to believe. The baby boomers are beginning to retire and will be tapping the Social Security benefits in great numbers. This being the case, a reform is require and the system needs to be change to be able to pay 100% and be able to continue to provide the benefits it has... If you want to get a full essay, order it on our website: BestEssayCheap.com

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