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Need help with Government homework, can someone please help ???? Lizard-1

  Author:  62753  Category:(Discussion) Created:(10/19/2004 6:20:00 PM)
This post has been Viewed (1317 times)

the question is

Explain social security, should it be abolished? Why or why not? if so what should we replace it with.

Any idea's or advice would be greatly appreciated....

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Halloween is Right around the corner.. .







 
Replies:      
Date: 10/19/2004 6:27:00 PM  From Authorid: 33573    Oh haha, I was gonna say I am in Gov't this semester but we haven't gone over that. Sorry I couldn't help!  
Date: 10/19/2004 6:39:00 PM  From Authorid: 34487    BCAR is the one to ask on this subject. He's got great advice.  
Date: 10/19/2004 6:39:00 PM  ( From Author ) From Authorid: 62753    thanks.  
Date: 10/19/2004 8:29:00 PM  From Authorid: 55408    Social Security is like a government savings acount that you put money into it every time you get a pay check. When you retire you get payed from the government and this is the money they use. It's basically to help protect people from themselves.  
Date: 10/19/2004 9:00:00 PM  ( From Author ) From Authorid: 62753    I know that much.... I need to know how to explain it in a essay form.....  
Date: 10/19/2004 9:31:00 PM  From Authorid: 12341    I would like to invest that money I have been forced to contribute all my life, myself. I think the odds are that I would be able to live much better and have less to worry about. The payoff would have been far greater even with the percentage I would have paid my financial advisor, I'm sure of that much.  
Date: 10/19/2004 9:47:00 PM  From Authorid: 10030    Check out Social Security as it was originally intended to be used. Also look into life expectancy and how that affects it. (Baby boomers are living far longer than the Bill expected, they are retiring early, and using more money. That means we, the younger generation, won't have enough social security.)  
Date: 10/19/2004 9:53:00 PM  From Authorid: 12341    Exactly Holli, but I've worked almost all my life, and had mostly high paying jobs. I would have loved to have had a choice. All my money would never have gone to Social Security. I would have chosen to invest it myself. It is a welfare system in my opinion. I will never live long enough to get back the money I have contributed. Same ole story...  

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