Question

1. The passage of Medicare is the single biggest contributor to the looming failure of Social Security. Take a position and defend your answer with reasoning.

Your post should have a minimum of 150 words

Answer 1

Ans: The failure of social Security is contributed by many factors. Medicare program is also one factor among all of them involving in the looking failure of social Security.

Social Security promoters made their business by promoting retirement insurances, insurance premiums, contributions and guaranteed benefits.

To the most people, social security is a retirement plan, an insurance programs and investment accounts. I'm many cases this is the only thing they counts on the provide them with income when they retire.

In this aspect social security is a failure.

• Social security has failed to provide an adequate returns on investments
• It is also failed to maintain a realistic retirement age. The original age was 65 years to receive benefits, more than 10000 people per day are eligible to receive social security now.
• It also fails in getting sufficient investments to run the program which are included in it and there is no any trust buildings initiatives for the people who invest in it.
• It is also failed from the beginning in the test constitutionality.

​​​​​Despite all its failings, social security haa had many successes.

Social security has succeed in creating dependency on government largesse, in delivering to large voting block for senior citizens, in discouraging private savings by looking to the government for income after they retire and also in launching modern welfare state by creating a huge government accuracy.