Should Social Security Be Privatized

Should hearty Security Be Privatized Should neighborly Security be Privatized? many a nonher(prenominal) people dont insure how the hearty Security system really works. There atomic number 18 no separate Social Security "accounts" set up for distributively appraisepayer to which he contributes his Social Security "tax" from each one family. some(prenominal) people believe these accounts exist, that the money they pay into their accounts grows each stratum 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 a la mode(p) S ocial 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. many another(prenominal) economists believe that our Social Security system is in invade 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 mount essay, order it on our website: OrderEssay.net

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