Essay Social Security free essay sample

The current Social Security system should be replaced by a mandatory private pension system. We will write a custom essay sample on Essay Social Security or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The current system entails workers being forced to give a certain percentage of money out of their pay checks to Social Security. This tax money is used to pay benefits to retired people, disabled people, survivors of workers who have died, and dependents of beneficiaries (SSA). To most, this system sounds unfair because workers put in hours of labor for a paycheck that religiously has money taken out for someone else’s retirement, disability, etc. however, people for this system believe this benefits everyone because workers are not in control of their own specific retirement fund so poor decisions cannot be made. In reality, people should be able to control the fate of their own retirement funds because they can decide when the money is necessary, which can be done by making the change to a private pension system. The current Social Security system creates a lot of concern because of the accelerating demographic factors (NCPA). Life expectancy is increasing faster than expe cted in 1940, a 65-year-old man could expect to live another 12 years, today its 15 years; the fertility rate is falling faster than expected from 3. 6 children for a typical woman of child-bearing age in 1960 to just two today; and the elderly portion of the population is expected to rise from 12 percent today to 20 percent by 2050 increasing the number of retirees from 34 million to 80 million† (NCPA). The decreasing working population combined with the rising elderly population means the number of elderly people needing benefits will be greater than the number of working people providing the money for those benefits (NCPA). Because of these statistics, the favor for a private pension system is growing so workers can save their taxes for their individual retirements. With a private pension system as opposed to the current, honored system, the working class has more control over their retirement funds because for one, they would be earning the money for themselves, and two, the money would be in a private account for them. With the money accumulating in a private account, it is not exposed to risk. â€Å"These federally regulated personal accounts would allow individuals to invest only in diversified, approved utual funds and not in single stocks or highly volatile stocks† (Procon). In addition to its added personal safety, a private system would help the economy. â€Å"Privatizing Social Security into individual investment accounts would boost economic growth by injecting money back into Americas failing financial system† (Procon). With the economic growth this would cause, there could be a possible decrease in unemployment rates, pulling the economy out of the current recession. In conclusion, the switch from the current Social Security system to a mandatory private pension system is ideal not only for the working class, but also for the environment. Even with the criticism that a private pension system would tempt workers to make poor decisions with their retirement funds, people should have control over the money they make and be able to determine their own fate. Working for a paycheck that loses a percentage of its total to be given to the current retirees, the disabled, etc. s unfair and will discourage the working class. A private pension system that will actually save an individual’s own money will be more motivating to work towards and will better prepare him or her for their elderly years. Works Cited NCPA. Social Security Problems Accelerating. NCPA. org. National Center for Policy Analysis, 2012. Web. 18 Mar. 2012. . Procon. Privatize Social Security. Procon. org. Procon, 13 Mar. 2012. Web. 18 Mar. 2012. . SSA. Social Security. Ssa. gov. Social Security Administration, Mar. 2012. Web. 18 Mar. 2012. .

Funny Alan Partridge Quotes

Funny Alan Partridge Quotes Each Alan Partridge quote on this page is unlike anything you have ever read before. The humor is off-beat, and you will have to spend some time getting used to it. But, Alan Partridge has a cult following, and as they say, a million Britishers cannot be wrong! Quotes About Wine and Food All this wine nonsense! You get all these wine people, dont you? Wine this, wine that. Lets have a bit of red, lets have a bit of white. Ooh, thats a snazzy bouquet. Oh, this smells of, I dont know, basil. Sometimes you just want to say, sod all this wine, just give me a pint of, mineral water. And, can I have the same, please? But with different shaped pasta. What do you call those pasta in bows? Like a bow-tie, but miniature? Like an action man bow-tie. Can I just shock you? I like wine. Despite what I just said earlier. At any one time, I have nine bottles of wine in my house. Zingers and One Liners Electrolysis. For hair removal... and... dissidents. BANG! Im James Bond. You make pigs smoke! Ha ha ha ha ha. Youve got to laugh when you fall off a sofa! Bloody Sofa. Classic Conversation to Lynn about Dan Dans a fantastic man! He really is. I was talking to him early and he asked me what kind of phone I had and I said a Motorola Timeport. And he said, thats saaad, you wanna upgrade. I said, so do you- to a new face. He nearly soiled himself! He said he was laughing so hard he had Kenco coming out of his nostrils, and that made me laugh. But...my nostrils were clear. More Funny Quotes Do you know what this bathroom says to me? Aqua. Which is French for water. Its like being inside an enormous Foxs Glacier Mint. Which, again, to me is a bonus. Guide dogs for the blind. Its cruel really, isnt it? Getting a dog to lead a man round all day. Not fair on either of them. Hello is that Currys? Id like to place an order for two supplementary, auxiliary speakers, to go with my Midi Hi-Fi system, apropos achieving surround sound. Apropos...its Latin. You got to have a basic grasp of Latin if youre working in..Currys. Oh  , youve got them excellent, one last thing, what time do you knock-off? Fancy going for a drink? No? Sorry, just thought Id ask. I do like that toilet. Its very futuristic, isnt it? Very, sort of, high-tech, space age. I can imagine Buck Rogers taking a dump on that. In the twenty-first century. Can I, have a go?