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Social Security: Problem And Solution
Beginning of essay
Social Security is not a problem right now; in fact, it runs a large surplus every year. However, Americans are living longer, and drawing more Social Security payments than they ever put in. Early in the next century, we will be paying out more than we take in, and Social Security will have to di ....
Middle of essay ....mount of money from their paycheck, tax free, and have it invested and re-in! vested in stocks and bonds. It can be cashed out at any times. Many banks offer tax- sheltered annuities for a moderate commission. The last, and most risky option, is to invest the funds in the stock market. This is done preferably for national security reasons. For instance, if the government bought stock in mass quantities, a bull market could be created, and the market could crash, and the government could potentia.... |
Number of words: 731 |
Approximate pages: 3 |
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