Social Security 666

affable security section 666 Should Social security department be Privatized? many another(prenominal) nation don?t picture how the Social certificate frame really works. There ar no spot Social Security accounts set up for all(prenominal) taxpayer to which he contributes his Social Security tax distributively(prenominal) year. Many people believe these accounts exist, that the money they pay into their accounts grows each year until roll in the hayment, and when they retire they get sand what they paid in with interest. This is not true.

virtually people are unaware of the fact that ou r current Social Security system is a pay-as-you-go program, which means that the revenue the national government raises each tax year for Social Security benefits is paid come to the fore that same year to beneficiaries. Many economists believe that our Social Security system is in need of a major go across if todays workers are to receive future benefits. doubting Thomas R. Saving, conductor of the Private Enterprise Research Center at Texas A&M University says, What is wrong is that the So...If you want to get a effective essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper