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The Social Security Dilemma
Essay specific features
Written by:
Zelma G
Date added:
October 14, 2014
Level:
University
Grade:
A
No of pages / words:
4 / 988
Was viewed:
4032 times
Rating of current essay:
Essay content:
This is because there have been more workers paying into the system than there have been retirees drawing from the system.
When Social Security was first enacted, there were more than 40 workers for each retiree collecting benefits. In recent years, this has narrowed to 3.4 workers per eligible retiree, according to a 2001 report issued by the President's Commission to Strengthen Social Security...
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In recent years, this has narrowed to 3.4 workers per eligible retiree, according to a 2001 report issued by the President's Commission to Strengthen Social Security. According to the White House website (www.whitehouse.gov), “By the time today’s youngest workers turn 65, there will only be 2 workers supporting each beneficiary...
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