Preview of America Needs to Invest the Social Security Trust Fund:

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America Needs to Invest the Social Security Trust Fund


Our nation ensures social welfare through Social Security. However, the United States cannot ensure the welfare of its own welfare system. To save Social Security, Americans in general do not favor an increase in the payroll tax, a cut in benefits or an increase in the retirement age. Furthermore, Americans are relying upon Social Security as their sole source of income at increasingly alarming rates. Social Security is intended to supplement retiree income, not account for 100% of it. Through elimination of the potential options, that leaves one necessary action: invest the Social Security trust fund in the stock market.

According to the San Francisco Chronicle (Social Security, Sec. C, p 16), many people are concerned that investing Social Security's trust fund in the stock market will not only jeopardize their future income, but would result in the federal government influencing economic decisions. These concerns are uneducated assumptions.

Under the proposed plan to invest a portion of the Social Security trust fun... [to view the full essay now, purchase below]

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