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The Social Security Crisis
Beginning of paper
The Presidential election will be coming up this November and the
question that many of Americans have on their mind is what are you going to
about ? This question has our nation divided between
generations. The elder people of our nation (ages 50 and up) fell confident that
Social Security will be there for them and that it should be l .... Middle of paper
.... until you retire. When they retire
money is returned to them in monthly checks plus the interest. This is where
they are wrong. Social Security is a pay-as-you-go system where the current
workforce pays for the present retirees, and then when they retire they will
depend on the workforce and so on and so on. Which is fine when you always have
more workers then retirees. This is the problem the government will face when
the Baby Boomer ....
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Number of words: 396
Number of pages: 2 (approx. 250 words per double-spaced page)
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