Article: Social Security Rant

Social Security Rant

As the Baby Boomer Generation continue to get older, one of the hot topics will continue to be Social Security. Critics claim that Social Security is going bankrupt, and that it needs to be privatized as soon as possible, or people will lose their benefits. This rant examines if Social Security needs to be privatized, and if it is actually going broke.



Thanks to various search engines, and thanks to the Information Superhighway, there is much data to suggest that Social Security?even at the going rate?will be able to pay full benefits at least until 2032, and some research indicates it could survive as long as 2042. Also, seventy-five percent of Social Security funding comes from the payroll tax, which guarantees that Social Security will never go broke. The trick is?in abou...
 

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Social Security Rant

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