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Privatization promotes personal account management, and puts social security into the hands of individual Americans. Specifically, each person controls his or her own investment accounts without government involvement, and the terms of their social security will depend on the growth of their investments...
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One positive aspect of privatization is control. Privatization allows the individual to oversee the movement of his or her finances as opposed to the government controlling their money. Also, the National Committee to Preserve Social Security and Medicare states “because private accounts are financed by taking money out of Social Security, privatization actually increases Social Security's funding gap and moves forward the date of its insolvency from 2041 to 2030...
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General points of the essay
Bankruptcy of Social Security
Overview of Social Security
Social Security Crisis
The reformation of Social Security
Privitization of Social Security
What is the Future of Social Security?
Prc Social Security Scheme
Should Social Security Be Privatized
Social Security
Distribution of Social Security
History Of Social Security
Privatization Of Social Security
Privatizing Social Security
Social Security In The Future? Maybe Not
Social Security reform
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