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April 22nd, 2019
Social Security is a system that all Americans who pay taxes pay into until they are old
enough to start claiming it. It was a system that was created in 1935 and has the purpose of
providing for the elderly once they can no longer work. It was a good system back in the 1900s,
but it has become an outdated system that must be changed in order to meet the needs of all
people. There are multiple things that can be done in order to improve the current system that we
have set today. Something must be done about social security and it should no longer be put off
by people of power.
Social security isn’t a very complicated system and was actually a pretty good idea at
first. Nowadays this has changed because of many different factors. Social security works
something like this; the working class pays toward social security and the money that they are
currently paying for goes to the people who are retired and collecting social security. This means
that if you have a job you are paying for the lives of people who are retired. This is called a
pay-as-you-go system. This used to be a pretty good system because the working class highly
outweighed the people who were retired. In 1945, there were 41.9 workers paying the benefits
for one retiree, but in the most recent year in which data was collected, only 2.8 workers were
paying the benefits for one retiree(Leventhal). As one can see the number has immensely
dropped. The number is only continuing to go down and is only going to get worse the more and
more nothing is done.
The sad part about all of this is that this topic does not get very much media coverage.
There is one main reason for this. It is as simple of the fact that most of the people who vote tend
to be older people. Elderly people have over a 70% voter turnout when it comes to voting every
four years. Candidates who run for office do not dare say anything bad about social security
because they know that older people would not like the idea of their benefits going away. They
are trying to get as many votes as they possibly can so they stay away from the topic. It is a way
of skewing what people in the office are allowed to talk about.