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The Social Security Crisis
Beginning of essay
The Presidential election will be coming up this November and the
question that many of Americans have on their mind is what are you going to
about ? This question has our nation divided between
generations. The elder people of our nation (ages 50 and up) fell confident that
Social Security will b ....
Middle of essay .... workers for
each retiree. Today there are 3.2 workers for every retiree, an by the year
2020 there will only be 2.4 or less for each retiree. By the year 2010-2015
Social Security is projected by the government to pay out more money than it
could take in. Since the current Social Security took in a surplus of $60
billion last year with a projected total to be around $5 trillion they will have
enough money to last another 10 years or so. All in all experts expect that
Social Security will ha.... |
Number of words: 396 |
Approximate pages: 2 |
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