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The Graying Of America
Beginning of essay
Of the total federal expenditures in 1995, Social Security together with
Medicare(federally founded health program aimed at helping the elderly, founded
in 1965) was the largest, accounting for about 34 percent. In 2005 this figure
is predicted to be as high as 39 percent. This is caused by the "gr ....
Middle of essay
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you lived to be 65, your life expectancy was suddenly 77. In 1993 it was 76 at
birth and 82 if you turned 65. At the same time, retirement ages have sunken. So
suddenly there were people living longer, on the government's payroll. Some
people would then draw the conclusion: "If people live longer, they should work
longer," but many elderly people are too tired, and to weak too work after a
life span of just working.
As the "baby-boom" generation begins retiring, around 2010, America will have .... |
| Number of words: 979 |
Approximate pages: 4 |
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