Social Security 666

affable security section 666 Should Social security department be Privatized? many another(prenominal) nation don?t deduce how the Social protection frame really works. There ar no spot Social Security accounts set up for for individually one taxpayer to which he contributes his Social Security tax to each one 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 seat what they paid in with interest. This is not true.

virtually people argon unaware of the fact that our 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 surface that same year to beneficiaries. Many economists believe that our Social Security system is in need of a major service if todays workers are to receive future benefits. doubting Thomas R. Saving, managing director 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 skilful essay, order it on our website: OrderCustomPaper.com

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