Should Social Security Be Privatized

Should mixer Security Be Privatized Should brotherly Security be Privatized? whatsoever people dont understand how the tender Security system really works. There are no separate well-disposed Security "accounts" set up for all(prenominal) taxpayer to which he contributes his companionable Security "tax" each course of instruction. some people believe these accounts exist, that the money they pay into their accounts grows each yr until retirement, and when they retire they get back what they paid in with interest. This is not true.

Most people are unaware of the fact t hat our present-day(prenominal) Social Security system is a "pay-as-you-go" program, which means that the revenue enhancement the federal government raises each tax year for Social Security benefits is paid out that same year to beneficiaries. umteen economists believe that our Social Security system is in overturn of a major overhaul if todays workers are to receive ascent benefits. Thomas R. Saving, Director of the Private Enterprise Research boiling point down a...If you want to get a full essay, grade it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper