The reformation of Social Security

Essay specific features

 

Issue:

Business

 

Written by:

James E

 

Date added:

February 19, 2012

 

Level:

 

Grade:

A

 

No of pages / words:

6 / 1428

 

Was viewed:

9524 times

 

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Essay content:

It was also to support those who were financially unable to support themselves because of a disability, or unfortunate incident as being widowed or burdened with medical bills. At its inception in 1935 the, "Ratio was thirty to one for workers supporting non workers, and in 1998 it was three to one" (Social Security Administration Annual report of the board of trustees, 1998) Social Security primarily was intended to be an insurance program for the American people...
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At its inception in 1935 the, "Ratio was thirty to one for workers supporting non workers, and in 1998 it was three to one" (Social Security Administration Annual report of the board of trustees, 1998) Social Security primarily was intended to be an insurance program for the American people. According to CNN, as the baby boomers generation comes upon retirement the Social security is expected to run into the red by 2012 and be exhausted by 2029...
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