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Essay / Research Paper Abstract
This 16 page paper examines Social Security and what should be done about it. Various issues are explored and the political discussion is the focus of attention. Examples of how other nations cope with this problem are also included. Bibliography lists 10 sources.
Page Count:
16 pages (~225 words per page)
File: RT13_SA706SS.rtf
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Unformatted sample text from the term paper:
earmarked for the future. In reality, that is not exactly what happens to the actual dollars, but the idea that one puts in a certain amount and is therefore entitled
to get it back is certainly there. Because Social Security is perceived somewhat like a personal bank account, there are heated debates on those who want a sure thing, and
those who claim that keeping social security as is, is essentially cheating the people. It is like allowing the people to put their money in a mattress--or the bank at
todays low interest rates--versus investing that money for perhaps a ten digit return on investment. Of course, in recent years, as people lose their shirts in the market, the old
Social Security investment scheme does not seem so bad. The market goes up and down all the time, and sometimes people lose their money. Many people can weather the
storm, but when one is nearing retirement, or already retired, it is difficult to make the money back. Still, investing the Social Security money is something that should be
considered because in the long term, investment decisions should not be made lightly. At least, it is worth a look at the system and the alternatives that politicians bring.
First, a look at the history of Social Security and its design is appropriate. II. The Origins of Social Security While some type of social
services existed before 1935, these were extremely minimal. Social Security, as it is known in the United States, began during a disastrous economic period in American history. The "New Deal"
was created to hopefully alleviate financial worries of the general populace. The programs implemented by Roosevelt include such things as unemployment insurance and the welfare program. Many of these programs
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