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Saturday, April 13, 2013

US Social security crisis

The Presidential election allow for be coming up this November and the question that many of Ameri johns induce on their mind is what ar you going to ab tabu the Social pledge crisis? This question has our soil 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 left alone. On the other baseball mitt the Baby Boomers (ages 31-49) and Generation X (ages 18-30) lack this confidence fearing that they will never receive Social Security, and the money they put in would be a waste. Many politicians are afraid to call down this issue because the elder still make a huge number of the voting block. Speaking as a appendage it is our duty to vote for change in Social Security to ensure we will have something to look forward to when we retire. We can not wait any longer to defeat this crisis.

        For those who dont go through the Social Security crisis is the affright that Social Security whitethorn go bankrupt. Well its more than just a threat its the reality. The common belief is that Social Security is a speech fund where the government takes a certain percentage out of our weekly pay. Then that money is put into a savings fund where it is held until you retire.

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When they retire money is returned to them in monthly checks electropositive the interest. This is where they are wrong. Social Security is a pay-as-you-go system where the current

work force pays for the wassail 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 panorama when the Baby...

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