November 20th, 2007
Social Security - Safety Net No More?
There have been widespread discussions and debates about the privatization of the Social Security Administration. This has been ongoing at least since the 1980’s even before President George W. Bush’s administration. Truly, much is at stake, primarily for beneficiaries of social security, regarding this issue.
The Social Security Act is part of the new deal pledge of President Franklin Roosevelt to the American people upon his inauguration. Now, nearly 70 years and many amendments later since its first implementation, it still works for most, specifically the elderly and other citizens of various age brackets who are disabled and unemployed.