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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Fourth Discussion activity

Fourth Discussion activity

Q For the final discussion activity, consider the material on Social Security. Do you think it should be reformed. If so, given what we know about its structure (e.g., eligibility, how it is funded, maximum taxable contribution, etc.), how would you go about reforming the program so that it remains solvent over time?

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In my opinion, Social Security needs to reform so that future generations will get what they have been promised. For millions of elderly people, Social Security is the single biggest source of income. As with the advanced age, other assets become exhausted. There are a few reforms that I think will make it more beneficial. If nothing is changed then the Social Security retirement trust fund will run out of money. Therefore, few reforms ideas can be used to save the Social security: Increase payroll taxes: If m