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Essay text:
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 revenue the federal
government raises each tax year for Social Security benefits is paid out
that same year to beneficiaries.
Many economists believe that our Social Security system is in need of a
major overhaul if today's workers are to receive future benefits.
Thomas R. Saving, Director of the Private Enterprise Research Center at
Texas A&M University says, "What is wrong is that the Social Security
system was never set up to be a sound investment-based retirement system...
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Common topics in this essay:
- Social Security
- Should Social Security Be Privatized
- social security
- Social Security
- Should Social Security Be Privatized
- Government Policy; Social Security
- Social Security
- Social Security
- Social Security
- Social Security
- Social Security
- Social Security
- Social Security
- Social Security
- Social Security
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