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The purpose of this paper is to give a better view of Social Security from many different standpoints. In the first section of this paper I will explain what Social Security is and how it works. In the second section of this paper I will explain President Bush's plans for reforming Social Security. In the third section of this paper I will explain Krugman's views on privatizing the Social Security program and if there is a crisis or not from Krugman's standpoint. In the last section of this paper I will explain Chile's system of privatization and how it has functioned.
In this first section of the paper I will explain how Social Security was created, explain its purposes, explain how it is financed and funded, and to finally explain some benefits that Social Security has to offer...
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