Sample Essay on:
THE DECLINE OF SOCIAL SECURITY

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Essay / Research Paper Abstract

This 12-page paper provides an over view of Social Security, its history, what went wrong, and how it can be fixed. Bibliography lists 8 sources.

Page Count:

12 pages (~225 words per page)

File: D0_MTsocsecde.rtf

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Unformatted sample text from the term paper:

are near retirement age, its an entitlement, and they become panicked and defensive when anyone mentions it. To those who are not yet near retirement age, or not disabled, but are still paying into the system, there is resentment, combined with dread curiosity. Resentment, because a good portion of a paycheck ends up going into the Social Security account. Dread curiosity, because almost everyone wonders if, when they hit retirement age, or need to tap into the disability payments, if there will be enough money for them. And to the media (depending on whether the media is "left" or "right"), Social Security is a topic to be brought up and haggled over as predictions about its future are discussed, torn apart and discussed again. Even with the hysteria and confusion, there are some facts that need to be aired on this topic. First, the system will eventually run out of money. Thats a given -- with baby boomers starting to retire and not enough younger workers coming into the ranks to pay into the system, the "trust fund" will dwindle. Second, Social Security, as it stands now, simply wont last. Whether it goes bankrupt in 2014, as the most pessimistic folks think, or 150 years down the line, which is the opinion of the sunny optimists, it will eventually run out of money. Then the great tool conceived by the Roosevelt administration during the dark days of the 1930s will have run out of steam. What has caused the decline of this "societal safety net?" Even more importantly, how can we revamp Social Security so that everyone can ...

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