Privatizing Social Security
Assurance in money is very important to a retiree and is a very important political issue at this point in time. The United States built a system of saving money in the form of a tax on the American workforce using this money as a paycheck for retired people. The general idea was that everyone would pay into the system as a worker and then receive the money and benefits they paid into the system as a retiree. This idea was good, but population complications have made it hard to keep the system afloat. The problem is that there are not going to be enough workers paying into the system to pay for the rising amount of retirees as the "baby boom" generation is beginning to draw money from the system. Political figures like President Bush have been reviewing ways to reform or change the system of Social Security. One of the most drastic and controversial ideas is privatizing Social Security, however this idea is the most logical of the proposed plans and offers the best rewards for......
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