Social Security 666

affable security part 666 Should Social security department be Privatized? many another(prenominal) nation don?t apprehend how the Social security ashes really works. There are no spot Social Security accounts set up for to apiece(prenominal) one taxpayer to which he contributes his Social Security tax each 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 screening what they paid in with interest. This is not true.

virtually 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 national government raises each tax year for Social Security benefits is paid start that same year to beneficiaries. Many economists believe that our Social Security system is in need of a major service of process if todays workers are to receive future benefits. doubting Thomas R. Saving, 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 to the full essay, order it on our website: OrderCustomPaper.com

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