In my opinion, I believe social security should be privatized to ensure social security benefits to retirees, allow economic growth within the working class and lastly, allow individuals to maximize their investment.
Under the current system, Americans who are retired or approaching the retirement age are not safeguarded from any decisions by a future congress to deny benefits to those who have contributed to it. At any period, Congress has the authority to eliminate or reduce any benefits that retirees are desperately dependent on. By reconstructing our current system to privatization, we are able to safeguard millions of retirees of their benefits by putting their retirement fund into government-supervised private accounts, which would
Under the current system, Americans who are retired or approaching the retirement age are not safeguarded from any decisions by a future congress to deny benefits to those who have contributed to it. At any period, Congress has the authority to eliminate or reduce any benefits that retirees are desperately dependent on. By reconstructing our current system to privatization, we are able to safeguard millions of retirees of their benefits by putting their retirement fund into government-supervised private accounts, which would