social security David Klug Econ. 100 In 1935 the United States was in the throws of the worst economic depression our country had ever seen. The president at the time was Franklin Roosevelt. As part of Roosevelts New issue forth along, he instituted accessible Security, which established an old-age pension outline, to be administered by the federal government, and financed by taxes on both employers and employees. This system was to jock the older citizens and dependents of workers of the U.S. However, since its inception, kindly Security has been turned into a privacy plan of sorts.
Many retired and older citizens rely all on Social Security benefits to live on. The program has been thriving for the die 64 courses, but in the near coming(prenominal) Social Security might run out unless or so drastic measures are taken to preserve it. The program ordain be collecting less than it is paying out by the year 2012 and be insolvent by 2030. Something must be done. Social Security has b...If you want to get a large essay, fix it on our website:
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