Social Security, Is It Here to Stay?

loving Security: Can it pay for your loneliness? get out it be here when you retire? Composition and Communication II celestial latitude 15, 2010 Social Security has become an unsustainable disposal run architectural plan that does not pay enough to sustain retirees and pile not last with its current administration. With a faction of liberal spending and limited funds coming in, our g all overnment has mismanaged the system straight into bankruptcy. Over the years they have spread out Social Security from a simple retirement savings for low income workers into a fund for liberal spending programs, pay for by the workers it was intended to protect. Because of the systems over expanded role it can no longer pay out benefits in residual to the increasing equal of living and the situation is getting worse. retirees are not getting enough to outlive on. The Social Security Administration is not giving cost of living increases despite the rising cost of every daytime expenses making it difficult for them to survive. The economic downturn means unconstipated less money is coming in to the system which just accelerates its demise. With the factors going against it, Social Security is not so reassure any longer.

In order to understand why the Social Security system is in so much overturn it is important to understand the changes that have taken place over the years. In 1935 President Roosevelt signed the Social Security answer into law. The act was originally designed to be a retirement plan for low income workers. In 1937 it was expanded to cover dependents and survivors. spot this was not one of the original intents of the system it was seen as necessity for the protection of families. Unfortunately, this was the beginning of the unpaid for programs that would burden Social Security. By 1950 it was decided that workers outside of commerce and industry should also be eligible for benefits and by 1956 Disability Insurance was created. The 1956 expansion dictated further... If you want to get a full essay, order it on our website: Orderessay

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