Monday, February 11, 2013

Blog Post 3.8 "Social Security Problems"

Read the following article from the New York Times about the problems facing the Social Security program.

http://www.nytimes.com/2013/01/06/opinion/sunday/social-security-its-worse-than-you-think.html

Write a two paragraph summary of the article and answer the following questions

1. What has happened for the first time to Social Security ?
2. What will happen to the Social Security Trust Fund?
3. How are assumptions made by the Social Security Administration wrong?
4. How have prediction methods changed since Social Security started in in the 1930s?
5. What are the four options that keep Social Security from running out of money?
6. Why do you think these options would be unpopular with the public?
7. What makes consensus on a solution unlikely?

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