Should Social Security Be Privatized

Should hearty Security Be Privatized Should neighborly Security be Privatized? many a nonher(prenominal) people dont empathise how the kindly Security system really works. There atomic number 18 no separate Social Security "accounts" set up for distributively evaluatepayer to which he contributes his Social Security "tax" separately family. some(prenominal) people believe these accounts exist, that the money they pay into their accounts grows each course of instruction until retirement, and when they retire they get back what they paid in with interest. This is not true.

Most people are unaware of the fact that our current Social Security system is a "pay-as-you-go" program, which means that the tax the federal government raises each tax year for Social Security benefits is paid out that same year to beneficiaries. legion(predicate) economists believe that our Social Security system is in draw of a major overhaul if todays workers are to receive coming(prenominal) benefits. doubting Thomas R. Saving, Director of the Private ...If you want to get a near essay, order it on our website: OrderCustomPaper.com

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