The U.S. government requires workers to make regular payments to a government fund which is used to make payments to people who are unable to work because they are old, disabled, or retired. Social Security checks can be collected later in life after you have contributed to the system and earned credits. In 2016, you get one credit for every $1,260 you earn (that figure is adjusted higher each year), up to a limit of four credits per year. These credits remain on your record even if you change jobs or stop working for a while. The Social Security Administration (SSA) mails out a summary of your benefits each year, about three months before your birthday to ensure you are update on your status.
The system has many flaws including funding, budgeting, and pay out. Working citizens of the United States have a payment deducted
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Social Security benefits are adjusted each year to keep up with inflation as measured by the consumer price index. Instead of the current system we could use a different measure of inflation that typically grows more slowly, the chained CPI. The smaller benefit increases each year would add up over time. Using a slower growing measure of inflation to calculate annual cost-of-living adjustments is projected to reduce Social Security’s funding gap by 20 percent. Going along with this, if we raise the retirement age the number of payouts will decrease due to the ratio of years lived and years paid will be less. Another idea we could use is means-testing. Means-testing Social Security would reduce or eliminate retirement payouts for retirees with high incomes. This is an unpopular idea with the general population because of all the variables in place. However, I believe that if you have a high income you should be able to put away money of the course of your career, if not than that is your own
Social security was designed to assist constituents during financial hardship. The program insured non-Negroes who needed unemployment compensation, met retirement age requirements, or child welfare prevention programs. Despite its forward objective, critics’ perception of the social security program was depicted as legal thievery. M.A.’s candid retort to the government’s evasive program was simply to rape the pocket’s of the people. M.A. as well as others primarily prepared for retirement or a rainy day from stock returns. Contrarily, the social security program stimulated other economic restructures, which included limited full-time workers. The shift in the economy and Roosevelt’s failed promises created a wedge between the people and the government. For instance, Mrs. OM voices her views of President Roosevelt’s campaign as a misleading trick. She further explained
In fact, social security has become the main source of income for many retirees. Social security is designed to replace less than half of someone’s preretirement income. It seems as though the CPI-W would be beneficial to use for reducing the fiscal issue. Cost-of-living adjustments are usually used during job transfers.
In today’s America, there are many people who would either be disgusted at the very mention of Welfare or be highly grateful for its existence. I believe that in order for welfare to be more effective in America, there must be reform. From the time of its inceptions in 1935, welfare has lent a helping hand to many in crisis (Constitution Rights Foundation). However, at present many programs within the system are being abused and the people who are in real need are being cheated out of assistance. The year after the creation of welfare unemployment was just about twenty percent (Unemployment Statistics). The need for basic resources to survive was unparallel. Today, many people face the same needs as many did during the 30s. Some issues with
Social Security is a system that was set up in 1935 after the Great depression to help people get through tough times. "Social Security is now used by nearly 44 million Americans"(policy.com). Only people who payed into social security are eligible to collect when they retire. Many people think that they receive the money they pay in but that is not total true. The money that you pay in is used for the people that are receiving it now. "In 1950 there were 16 workers for every beneficiary; today there are only three workers per beneficiary"(policy.com). There is more money going into social security then coming out now. The extra money goes into a trust to be used when it is needed. By the year 2032 those numbers are going to drop. By this time most baby boomers will be retired and collecting social security. This will put a big strain on the funds. There will be more money going out then coming in. And it will not take long to use all the money that is in the trust. By the year 2034 they will only be able to pay 75 percent of the beneficiaries. "The projected average monthly Social Security benefit in 2032 of about 1,100 (in 1998 dollars) would fall to about $800, and would drop further in later years. Average benefits for low-wage earners would drop from $670 to $480"(www.ssab). Theses cut would effect the people just starting to receive benefits and those who are already receiving benefits. And with each year these benefits will decrease. As these benefits continue to decrease "the percentage of aged people living in poverty would rise"(www.ssab).Most people believe this is happening because of the baby boomers generation. There will be more people taking from social security then giving in. By the time my generation is eliable to receive social security there may not be any money to give.
Despite the retirement income crisis, Social Security should be expanded, not reduced. In Arthur Delaney’s article on the Huffington Post, Senator Bernie Sanders stated, “With the middle class struggling and more people living in poverty than ever before, we cannot afford to make life even more difficult for seniors.” A push to adopt CPI-E, rather than a switch to a “chained” consumer price index that cuts retiree benefits, would m...
'Social Security—the nation's largest, costliest, and most successful domestic program has reached a critical juncture in its development. As its creators anticipated, nearly every wage earner now pays taxes into the system. In principle, all citizens may be eligible for "entitlements" at some point in their lives. Yet...senior citizens worry that their benefits will be cut; younger Americans are skeptical—if not cynical—about their own benefits upon retirement.'
In recent years, the number of Americans who are uninsured has reached over 45 million citizens, with millions more who only have the very basic of insurance, effectively under insured. With the growing budget cuts to medicaid and the decreasing amount of employers cutting back on their health insurance options, more and more americans are put into positions with poor health care or no access to it at all. At the heart of the issue stems two roots, one concerning the morality of universal health care and the other concerning the economic effects. Many believe that health care reform at a national level is impossible or impractical, and so for too long now our citizens have stood by as our flawed health-care system has transformed into an unfixable mess. The good that universal healthcare would bring to our nation far outweighs the bad, however, so, sooner rather than later, it is important for us to strive towards a society where all people have access to healthcare.
The Patient Protection and Affordable Care Act passed by President Barack Obama is a significant change of the American healthcare system since insurance plans programs like Medicare and Medicaid (“Introduction to”). As a result, “It is also one of the most hotly contested, publicly maligned, and politically divisive pieces of legislation the country has ever seen” (“Introduction to”). The Affordable Care Act should be changed because it grants the government too much control over the citizen’s healthcare or the lack of individual freedom to choose affordable health insurance.
The United States offers citizens benefit programs at every level of government to help with life’s hardships, and a considerable number of people participate. A variety of benefits are available for all Americans and some non-citizens who are in need of aid. Many Americans are aware that these programs exist, but may not be informed about how many people receive assistance, what kind of benefits are available, or who garners government relief (Welfare Info.).
Getting an education is essential to becoming a good social worker. Social workers need cultural competency in working with every type of population including people of different ethnicities, race, gender, sexually identity, sexual orientation and socioeconomic status. We also need enough education in order to advocate and be comfortable advocating for our clients. Our LGBT clients go through obstacles that straight people will never have to go to such as fighting for the right to marry, getting picked on in school and trying to prove to people that their sexual orientation is a real thing. The following paragraphs include how articles about the lack of social work education have affected my views about my education and my career.
Social security, since instituted in 1935, has kept many elderly people from running below the poverty line (Hosansky). In 2015, the Social Security Administration predicted that the funds would be depleted by 2034 (Max). This poses a serious threat to the living situation of future generations when they retire. Our elderly, by today’s standards, enjoy a comfortable lifestyle. They are able to retire and still make over one thousand dollars a month. Some people also have private pensions which allow them to live even more comfortably. But with social security funds running out, we must ask the inevitable question. Is it worth having social security anymore? Social security should be kept. One must never fully rely on social security. In addition
Less than a quarter of uninsured Americans believe the Affordable Care Act is a good idea. According to experts, more than 87 million Americans could lose their current health care plan under the Affordable Care Act. This seems to provide enough evidence that the Affordable Care Act is doing the exact opposite of what Democrats promised it would do. On the other hand, this law includes the largest health care tax cut in history for middle class families, helping to make insurance much more affordable for millions of families. The Affordable Care Act has been widely discussed and debated, but remains widely misunderstood.
"There are 47 percent of the people who will vote for the president no matter what. All right, there are 47 percent who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it." This is one of Mitt Romneys famous quotes. The scary part about this quote is that he is right. About half of our country is dependent upon government assistance, and some are passing this way of life on to their many children. This is the main problem, if the future generations begin to think this is a good way of life our government will crash, again. Government assistance is a problem due to the fact that; there is no incentive to work, people get handed money with no enforced restrictions, and there is no constant supervision for people, “needing” this assistance.
Socialism is a social and economic system where the means of productions are shared indivisibly throughout the community or enterprise rather than in the names of a few individuals. Or more simply put Socialists believe that the Chief Executives of a corporation are not the ones who deserve the big pay check. They believe that the working men and women deserve more money because they are they ones out in the field doing the work. The main goal of socialism is to more evenly distribute the wealth. They care more about having more people living comfortably than just a few individuals getting wealthy. Socialist ideas in todays politics are what they believe will make it easier for Americans to live in America.
Social workers are concerned with social problems such as world hunger, domestic violence, child abuse, adequate benefits for veterans and much more. The profession of social work is necessary because without it, there would not be people dedicated to helping other individuals in our world. To dedicate your profession and life to one specific problem in regards to the social work field, is something very few have the will to do. Therefore, social workers are necessary to keep the social justice system afloat. Social workers must have educational background in social work, in order to be familiar with the types of settings they will be exposed to. Social workers must embody excellent social skills, as well as communication skills. Being able