Social Security as well as Medicare have both been created as a concrete form of assistance for individuals who have reached a specific age. These forms of welfare are given to almost every citizens without the determination of their specific income, compared to other forms of welfare such as (TANF) as well as (SNAP) which require the individual to “fall below a certain income level” before receiving them, in other words “means tested” (Wilson, Dilulio, & Bose, 402). Social Security as well as Medicare are both examples of Majoritarian Politics, which means that the major of the people gains as well as almost everyone pays (397). Both of these welfare programs are suppose to serve elderly individuals who have worked and paid their dues a form
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One option is using a Client Politics plan in which older individuals gain the benefits, and the younger generations pays, however based off the other resources information these younger generations may not get a portion of Social Security at all (407). Other options that were discussed during lecture would be to either push the retirement age to 70, and/or reduce the Social Security benefits. Obviously, elderly individuals (who honestly have paid their dues by paying towards Social Security, and have worked until the promised retirement age) are aggressively disapproving these options. Those who are disapproving these options are viewed as “throwing the younger generations under the bus”. According to an article, it was displayed that there are four major factors that are causing a decline in the Trust Fund, and if these are adjusted may assist the younger generations in order to receive Social Security as well. The four factors were listed as: Falling Labor Force Participation Rate, Rise is Disability Rate, Long Life Rates, and finally Lower Interest Rates (Chuck Saletta, 2014). These four factors are also within politics discussion and debates, and still have yet to be resolved, however I believe that the government needs to view all differing aspects in order to figure out a main solution. Some possibly solutions that the government could possibly take in order to resolve the Social Security issue would be to not lower their elderly generation’s benefits since they have worked towards receiving those benefits and in order to survive. Most of these people did participate in difficult labor such as electricians, plumbers, manufactures, and teachers. In the past, the job positions consisted of real labor rather than flipping burger and such that are more common
One option is using a Client Politics plan in which older individuals gain the benefits, and the younger generations pays, however based off the other resources information these younger generations may not get a portion of Social Security at all (407). Other options that were discussed during lecture would be to either push the retirement age to 70, and/or reduce the Social Security benefits. Obviously, elderly individuals (who honestly have paid their dues by paying towards Social Security, and have worked until the promised retirement age) are aggressively disapproving these options. Those who are disapproving these options are viewed as “throwing the younger generations under the bus”. According to an article, it was displayed that there are four major factors that are causing a decline in the Trust Fund, and if these are adjusted may assist the younger generations in order to receive Social Security as well. The four factors were listed as: Falling Labor Force Participation Rate, Rise is Disability Rate, Long Life Rates, and finally Lower Interest Rates (Chuck Saletta, 2014). These four factors are also within politics discussion and debates, and still have yet to be resolved, however I believe that the government needs to view all differing aspects in order to figure out a main solution. Some possibly solutions that the government could possibly take in order to resolve the Social Security issue would be to not lower their elderly generation’s benefits since they have worked towards receiving those benefits and in order to survive. Most of these people did participate in difficult labor such as electricians, plumbers, manufactures, and teachers. In the past, the job positions consisted of real labor rather than flipping burger and such that are more common