Social Security: A Challenge, Not A Crisis

fond protective coverA Challenge , Not a CrisisGeneral consensus is that our Social warranter system is in jeopardy , if current pundits and media outlets are to be believed . But as is often the case in politically charged issues , the truth is only found when we strip apart the jargon , the spin , and the personal motivations to see beyond the surfaceSocial pledge in the U .S . pays out more dollars than any opposite government program on the globe (Wikipedia . consort to Michael Rosenberg , our Social Security is not in crisis but rather a problem of manageable size His prompt is to repair it without delay with a tax increase of between .5 and 1 per centum , which would cost a family income of 40 ,000 per year 200 (Rosenberg . dean Baker and Mark Weisbrot of The Boston Globe saidPolls can depict important guidance for politicians , but there are measure when it is foolish and dangerous to rely on a temporarily misinformed public for a political compass .

The current roll over Social Security provides one of the most obligate examples in modern history of the pitfalls of poll-driven political strategy (Baker and Weisbrot , 2005Baker and Weisbrot go on to say that President Bush is using become flat tactics when he tells the American Public that there is a crisis with Social Security his own numbers don t bear out that outPresident Bush s 2004 efforts to privatize Social Security , encouraging the American worker to invest in a separate snobbish account , is assuming that the market will be the aforesaid(prenominal) when those workers retire as it is today , and completely ignores the potential for the be of that account to quadruple , which would leave that worker four propagation worse-off than if they had stayed with the current Social Security system The pitch withal includes rhetoric about the accounts being your money and giving either worker a stake in the ownership society According to an article by Dean Baker , in The estate These claims he continues are mostly bad math , wrong(p) logic and deception (Baker , 2004Recently , Bush s plan became more expatiate , and it seems that Social Security benefits would be correlated with wages of get-go income workers while high-income workers will still have their benefits tied to puffiness (Sloan , 2006 , pg 2Former President Clinton s argument concerning the future stability of Social Security was that , while the fund is okay for the next few decades , if something happened to jeopardize it in any way , it could be devastating . His suggestion was for us to do something about it now , so that we could do less and have a bigger impact , specially since we now have the budget surplus (Clinton , 1993 . These remarks were made in 1998 , however , and since then , we not only have no surplus , but we are in debt by trillions of dollars over again , involved in a war that threatens to send us even farther into debt , and could quite possibly lead to unforeseeable tragedy if tensions continue to...If you want to get a dear essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper