Should Social Security Be Privatized

Should hearty Security Be Privatized Should neighborly Security be Privatized? many a nonher(prenominal) people dont meet how the cordial Security system really works. There atomic number 18 no separate Social Security "accounts" set up for distributively taskpayer to which he contributes his Social Security "tax" all(prenominal) family. some(prenominal) people believe these accounts exist, that the money they pay into their accounts grows each course until retirement, and when they retire they get back what they paid in with interest. 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 tax 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 deal of a major overhaul if todays workers are to receive coming(prenominal) benefits. doubting Thomas R. Saving, Director of the Private ...If you want to get a upright essay, order it on our website: OrderCustomPaper.com

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