Preview

Persuasive Essay On Social Security

Good Essays
Open Document
Open Document
544 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Persuasive Essay On Social Security
Hello future retirees. In five, ten, twenty, forty years or more many of us hope to retire but at this moment, one of the most important government systems involved in the process faces a major problem. In less than twenty years, a prediction suggests our social security fund will no longer exist. In the past, every politician and leader pushed this underrated issue to the next in line to delay the inevitable. Our nation faces danger despite the lack of concern from many. Although still very young, one day I will enter the workforce and eventually retire, hopefully receiving the same benefits of those before me. I’m talking about Social Security, the federal insurance program which provides benefits to retired, unemployed, and disabled people. Due to the overwhelming amount of people who receive Social Security, it seems unlikely the system can sustain itself. One person cannot solve the present issue but, rather through a group effort we can all work together with our legislators to solve this epidemic. …show more content…
The Baby Boomers, or the demographic group born in the post-World War II era, from 1946-1964, became the first generation to overwhelm the system. In 2012, the millions of Baby Boomers became eligible for the full benefits of Social Security. Two years later, Social Security drew from its fund for the first time. Recent predictions suggest by 2035, the number of Americans over age 65 will jump from today's 48 million to 79 million, indicating the start of future consequences for Social Security. Social Security plays a crucial role in society, especially for those later in life, it allows people to sustain a suitable living during

You May Also Find These Documents Helpful

  • Good Essays

    The Social Security Administration (SSA) is one of the larger federal agencies and it has the characteristics of a “social welfare organization” (Cropf & Loutzenhiser 2012, p. 11), it is designed to be a service to others. The employees are constantly challenged with decreased budgets, large caseloads, however, they must “strive to achieve an ambitious agenda” (Cropf & Loutzenhiser 2012, p. 11). JoAnn Barnhart who is the Commissioner of Social Security said that the goals that the agency is that of “service, solvency and staff” (Cropf & Loutzenhiser 2012, p. 11). In a survey taken by the workers the agency was voted seventh in the Best Places to work in the Federal government and even placed third in team orientation bas on the same survey.…

    • 1054 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    I agree with Gerontologists about Baby Boom shaping America’s culture, economics, and politics in the years ahead because they are the heads of important businesses, governments, and educational institution. They have experience on some of important issues that is facing the countries politics and economic. Baby Boomers will continue to shape America because when they retire most of the economy will drain the upcoming years because they will need more social security and they won’t work…

    • 77 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    For many years as Americans in our working society, we all hope to one day earn and save up enough money till we can reach our ultimate goal: retirement. Once we retire we assume the expression of “smooth sailing from here on out.” We assume that we can count on not only the money we have saved up, and a fraction of our previous regular governmental salaries, for those who are retired eligible military, as a stable monetary income. If we find ourselves in need of medical assistance, we look to Medicare and Medicaid. Unfortunately, for those of us who haven’t quite reached our golden age, we may not all be entitled to reap tomorrow, some of the benefits of today.…

    • 906 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Social Security was established in 1935 and has been the largest social welfare program in the United States since. Its intended outcomes and funding comes from mandatory insurance system that levies a tax on payrolls and matched funds with the contributions of employers that are kept in a trust fund that pays retirement pensions based on prior earnings in the labor market. The targeted population is for workers that have reached the age of 66 or born after 1942. They receive a pension through the social security program, but also through private supplemental savings and pensions (Jillian Jimenez, 2012).…

    • 683 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Econ 125 Research Paper

    • 1849 Words
    • 8 Pages

    As a foreigner coming to the United States to pursue education, I found the idea of Social Security System very fascinating. The US government gives its citizens a mean to guarantee their retirement. Indeed, empirical evidences suggest that Social Security is one of America’s most successful programs. It has helped millions of Americans avoid poverty after retirement.…

    • 1849 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    The Social Security has managed to maintain a surplus since 1983 and will continue to do so until about 2037, if action isn’t taken to raise taxes or increase the contributions. President Barack Obama has a unique idea of imposing higher payroll taxes on wealthier individuals. Individuals may be under the impression that the Social Security may be broken because the amount of benefits they receive is minimal and expect those benefits to be their sole income. Individuals must come to the realization that Social Security is only there to supplement their income and not be their only means of an…

    • 1690 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Baby Boomers is term that use for the people who was born in the Baby Boom between 1940 and 1960 after World War II.They have often found difficult ways to manage their time and money due to their parents live more and their children want the best education. Nowadays their retirement is revolutionizing, because for them retirement is meaning to find a different job. According to Market Institute a half of baby boomer had already completely retired.The other half are looking for a job they can really enjoy, and also earn good money.…

    • 508 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Aging Baby Boomers -- can America pay for their retirement? Social Security Administration officials are now reporting that as Baby Boomers leave the work force, America is facing the lowest ratio of persons working per retiree in the history of the program. Boomers, like much of the current working American population, have paid into Social Security for most, if not all, of their working lives. This being the case, what’s all the fuss about? Is there a crisis concerning the retirement of Baby Boomers? When I have discussed this topic among friends, the general consensus is that the Social Security System is going to fail. I must admit that the prospect of having paid into a retirement fund my entire life and never being able to draw from it angers me. Is this crisis real or just a figment of our collective imaginations?…

    • 861 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Earning your pilot’s license is a thrilling experience. Some people decide to get their aviation license to help with a long commute or for agricultural reasons. Some have dreamed of flying since they were small children. And still others heed the call of aviation as a career. Regardless of the reason, most people that put the time, effort and money into obtaining their pilot’s license have spent many years dreaming of the day they will earn their wings. Once they do begin flying on their own, however, the question of life insurance invariably comes up. Many pilots and would-be pilots wonder if the hobby or job they love will be considered too high risk for life insurance and if they can get insurance will it be affordable? The short answer for both commercial and private…

    • 811 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Social Safety Net Essay

    • 474 Words
    • 2 Pages

    It has been well documented that Social Safety Nets (SSN) have a significant and, in some cases, sizable effect on school enrollment and attendance of adolescent girls. Table 4 provides an overview of the evidence of the impact of SSNs on education of girls and women. Conditional cash transfers (CCT) have been effective in reducing the gender gap in those countries where school enrollment rates among girls were lower than among boys (100). School feeding (SFs) has also demonstrated some positive impacts on enrollment and attendance (101-105) as well as serving as a hunger reduction intervention. However, distance to school remains a barrier for improving school enrollment for girls. A reduction in the distance to the nearest secondary school by 1 km has an increased probability of 8.6% that girls attend school (106). However, the cost of building new schools in remote areas exceeds the cost of providing CCT. Comparing the cost-effectiveness of demand-oriented CCT with supply-oriented projects, CCT are a substantially more cost-effective alternative of increasing girls’ school enrollment (106).…

    • 474 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Are you tired? What are you gonna do if you are given an unlimited chance to get away from all the stress? Are you gonna spend it touring around the world with luxury? Would you just pack your bags and move to a new home near a beautiful beach and enjoy the view every sunset and sunrise there is? Or maybe you could sleep and just have enough rest simply because you are just so tired with everything that’s bothering you for years now? Everyone deserves to have a break but not everyone has been given the opportunity to experience all these.…

    • 367 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Since passed by Congress in 1935, Social Security has been considered by Americans to be one of the most beneficial and supported government programs, providing benefits to society and the elderly. Despite its widespread popularity, the program faces major funding issues, making the future of Social Security seem unpromising. In the 2013 annual report by the Social Security and Medicare Board of Trustees, the Social Security program is estimated to be drained by 2033, after which it would be able to fund only seventy-five percent of promised benefits (“Social Security, Present and Future”). This projected downfall of Social Security has many people wondering…

    • 2274 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    Social Security Outlook

    • 894 Words
    • 4 Pages

    They should provide a reasonable level of benefits that people actually know they will be paid. Any costs should be funded responsibly. Changes in the Social Security system should also be followed by improvements outside the Social Security system. It is unlikely that a balanced program will make enough benefits to provide income for most Americans. This will not compensate for the fact that most Americans have fell behind in savings that is needed for a secure financial future. How could this happen? We all wonder. First you have to look at the number of taxpayers (workers) and then look at the number of beneficiaries (retirees). When social security began in 1935, there were approximately 16 workers for every beneficiary. This was more than enough to support the pay as you go plan. Over time these numbers reduced to just 3.3 workers per beneficiary. So, by 2030 there will just be 2 workers for every person collecting social…

    • 894 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    In the year 2010, former President Barrack Obama proposed a law that would have the objective of increasing the amount of insured Americans. The law, Patient Protection and Affordable Care Act, also referred to as the Affordable Care Act (ACA) or Obamacare, set policies that are meant to protect the rights and health of the general population and are a clear form of government involvement in health care. This law acted in response to the lack of coverage of many insurance providers. Despite the possible rise in premiums that would result from Obamacare, government involvement in health care should continue due to the increase in the insured population of Americans and the protection it provides to consumers.…

    • 1768 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    The American dream used to feel like a light at the end of a dark tunnel, and there was always an opportunity to do better. Now the American dream has died, and America is not what it used to be because America has crippled itself by allowing Americans to live off of the government for so long. This is not to say that everyone on welfare is lazy because that cannot be proven. Though according to Mike Emanuel, a chief congressional correspondent for FOX News Channel, “Newly released Census data reveals nearly 110 million Americans – more than one-third of the country – are receiving government assistance of some kind” (Emanuel). The government assistance is constantly being abused, and instead of doing something about it, it seems…

    • 539 Words
    • 3 Pages
    Good Essays