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Privatizing Social Security
Essay specific features


Written by:
Helen S
Date added:
May 1, 2015
Level:
University
Grade:
A
No of pages / words:
9 / 2321
Was viewed:
2289 times
Rating of current essay:
Essay content:
Social Security was not designed to be a permanent remedy to retirement and unemployment issues, but because it offered quick relief, the idea was widely accepted. The government offered that a social security tax would support people in their old age. Government made little interference with the transfer of money, using a "pay-as-you-go" system...
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The government offered that a social security tax would support people in their old age. Government made little interference with the transfer of money, using a "pay-as-you-go" system. That means money paid into the system is almost immediately paid out to retirees. The problem, unfortunately, this is that all the leftover money is sent to the U...
displayed 300 characters
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