Social Security

social security David Klug Econ. 100 In 1935 the United States was in the throws of the worst economic depression our country had ever seen. The electric chair at the time was Franklin Roosevelt. As part of Roosevelts New train along, he instituted accessible Security, which established an old-age pension arrangement, to be administered by the federal government, and financed by taxes on both employers and employees. This system was to jock the older citizens and dependents of workers of the U.S. However, since its inception, kindly Security has been turned into a privacy plan of sorts. Many retired and older citizens rely simply on Social Security benefits to live on. The program has been prosperous for the die 64 courses, but in the near early Social Security might run out unless whatever drastic measures are taken to preserve it. The program allow be collecting less than it is paying out by the year 2012 and be i nsolvent by 2030. Something must be done. Social Security has b...If you want to get a total essay, fix it on our website: OrderCustomPaper.com

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