Social Security

Political Science > Political Theory
Political Science > Social Security and Welfare
Sociology > Theory
Sociology > Welfare

Social Security

This paper examines and argues against social security privatization.

877 words () | 3 sources | MLA | 2008 United States

Paper Summary:

In this article, the writer maintains that social security privatization has been a point of contention for almost the entire presidency of President Bush. The case for privatization and against privatization has become such a charged topic that parties in support of either viewpoint can hardly avoid personal attacks against each other rather than adhering to the pros and cons of the debate. The writer notes that social security privatization has been extremely politicized, making it very difficult to argue rationally about. However, the writer concludes that because of the evidence presented and the writer's personal opinions regarding the competency with which the U.S. government has been managed over the last eight years in other aspects of governmental policy, the writer argues against the privatization of social security.

Outline:
Overview
Pro-Privatization
Against Privatization
Conclusion

From the Paper:

"Another prominent argument in support of Social Security privatization is the character of the U.S. population and its changing demographics. As the demographics of the population changes it affects how Social Security taxes and benefits are paid out. The oft-cited evidence of this changing demographics consist of the fact that in the 1950s there were approximately 15-17 workers for every retired individual while the latest ratio offered places this figure now at approximately 4 workers for every retired individual. Clearly, there is a strong case for privatization since some adjustment must be made to the system in order to compensate for this demographic shift due to the baby boomer generation now reaching retirement age."

Sample of Sources Used:

Andrews, Gavin J., and David R. Phillips, eds. Ageing and Place: Perspectives, Policy, Practice. New York: Routledge, 2005.
Burrell, Jason. "Counterpoint: The Case against Social Security Reform." International Social Science Review 80.1-2 (2005): 56+.
Schulz, James H., and Stephen Gorin. "Let's Not Gamble with Social Security." Health and Social Work 30.1 (2005): 75..