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I emphasize the word guaranteed, as this is the issue in contention when considering reform propositions.
Social Security, as we know it, ensures an acceptable standard of living for all citizens, and provides a safety net for those who, due to age or disability, are no longer able to support themselves by labor. It's benefits are, as stated by author Joseph White, "guaranteed, adjusted annually to account for inflation, paid for as long as the recipient lives, and based on collectively set standards of need and contribution, as opposed to returns and investments in markets" (White 43). The entire concept of privatization distracts us from the reason behind Social Security ? that ALL Americans would have the means to live in dignity...
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