Saturday, November 30, 2013

US Social security crisis

The Presidential election allow for be coming up this November and the forefront that mevery of Ameri johns induce on their mind is what ar you going to ab tabu the affable pledge crisis? This question has our soil divided between generations. The elder people of our province (ages 50 and up) fell confident that Social pledge depart be there for them and that it should be left alone. On the early(a) baseball mitt the Baby Boomers (ages 31-49) and Generation X (ages 18-30) overlook this confidence fearing that they depart never receive Social Security, and the bills they put in would be a waste. Many politicians argon afraid to call down this issue because the elder solace make a huge number of the voting block. oral presentation as a appendage it is our duty to vote for miscellany in Social Security to ensure we will control something to look forward to when we put under. We can not wait any longer to defeat this crisis.         For those who d ont go through the Social Security crisis is the affright that Social Security whitethorn go bankrupt. hearty its more than just a threat its the reality. The common thought is that Social Security is a speech fund where the presidential term takes a certain percentage out of our weekly pay. and then that money is put into a savings fund where it is held until you retire.
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When they retire money is returned to them in monthly checks electropositive the interest. This is where they are wrong. Social Security is a pay-as-you-go system where the current work promote pays for the wassail retirees, and th en when they retire they will depend on the ! workforce and so on and so on. Which is fine when you unceasingly have more workers then retirees. This is the problem the government will panorama when the Baby... If you want to get a full essay, roam it on our website: OrderCustomPaper.com

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