Social Insecurity

The Social Security Fund began in 1935 as a fund for those that struck poverty. Today the Social Security system has grew to providing funds for over 47 million people. Which includes men, women, children, the poor that cannot afford to pay their bills, disabled citizens, and America's retirees. Many people in the government today say Social Security is costing the Uniteds States way too much money. To the point where if we got rid of it, we may even get out of national debt. They remind everyone that the Social Security benefits were never intended to stay permeanantly. Although Social Security is a social contract between the United States, promising them help in times of finacial struggle. Many of the citizens argue that they worked their whole lives based off the facts that they built their retirement fund up, their Social Security income. Future ideas to maintain the Social Security and to keep it constant are raising the cap on earnings that are able to be taxed(currently 90,000) and raising the age of retirement.

I as a student who has a paying job, meaning that I pay taxes look at my pay check each time I get it. Everytime that I put more hours in, the Social Security taken out of it always seems to go up. It is like if you want to make more for yourself in life you have to pay a higher price to do so to support the people of the Social Security income. I, like many other politicians such as Sen.Barry Goldwater of Arizona was in the Presidential election of 1964. Against Lyndon B. Johnson, Barry Goldwater tried to convince the people that if we were to change the source of income for everyone in need from the Social Security income to some other form we would be better off as Americans. Soon after this his followers became fickle, 44 states when against Barry Goldwater and he lost the election. I think much like this, people are scared to face the facts. Just think if we went into a nationalwide depression what would happen to the world. People would lose job,houses, and many other things. Meaning that all of these people that rely off of the people of Social Security to pay everything for them, they would be out of money because Americans would not be getting pay checks. I think putting that many people at risk would be just that, too risky. I think we need to find some other form of payment that is not based off of the salary of the people so payments are both safe and secure for everyone.

Two other links: Warfare Spending , Federal Budget- "Spending What We Can Afford"