3/4 of Younger Americans Think that Social Security is Dead Based on the Surveys

Anonymous
timer Asked: Sep 3rd, 2014
account_balance_wallet $5

Question Description

is a dead program What would make them have such a dim view Does the strength of the American Association of Retired persons AARP play into this perspective What r some alternatives to the program as it is now Should alternatives b considered & why

Tutor Answer

Terri M
School: UIUC

Many younger Americans are not familiar with the SS program.  AARP does a lot to promote the SS program, but younger Americans do not belong to the AARP.  The Federal Government has borrowed so much money from the SS program that it is on the verge of being bankrupt, and many Americans no longer trust that the funds will be available to them when they retire.  Private industry has instituted alternative retirement programs such as 401(K) and funded health care packages.  It  is good to consider these alternative programs as they do not rely on the Federal Government for their funding nor their disbursement of funds.

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Anonymous
awesome work thanks

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