Should Social Security Be Privatized

Should hearty Security Be Privatized Should favorable Security be Privatized? many a nonher(prenominal) mickle dont view how the well-disposed Security system really works. There ar no separate complaisant Security "accounts" set up for all(prenominal) taxpayer to which he contributes his Social Security "tax" each division. some(prenominal) people believe these accounts exist, that the money they pay into their accounts grows each year until kip downment, and when they retire they get back what they paid in with interest. This is not true.

close to people are unawar e of the fact that our original Social Security system is a "pay-as-you-go" program, which means that the revenue sweetener 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 unavoidableness of a major overhaul if todays workers are to receive future tense benefits. Thomas R. Saving, Director of the Private Enterprise Research philia a...If you fate to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay