Social Security provides income to retired, unemployed, and disabled workers Benefits are based on how long a worker was employed. The comments below are from a discussion between two speakers with different perspectives on the future of Social Security
Speaker A
Social Security is now facing a real problem. Soon the system will be paying more in
benefits to retirees than it is collecting from payroll taxes. If we don't fix this situation,
the system will soon have nothing left. The best solution is to stop paying benefits to
retirees with high incomes
Speaker B
What you propose is unfair. Workers pay into Social Security thelr whole working
lives. Alter they retire, they are entitled to receive benefits based on what they have
paid into the system Even if they have high incomes, they are entitled to benefits
from their own payments
How do Speakers A and B differ?
Speaker A fears Social Security will soon not have enough money to pay anyone, Speaker 8 feels retirees are entitled to benefits they have paid for.
Speaker Abelieves the current system is unfair, Speaker Bargues the system is basically falt.
Speaker Abelieves too much money is paid to rich individuals, Speaker B sees the wealthy as the main drivers of the economy
Speaker Awould rather invest in schools than na nations Sonakt believes insane. more in need of overnment han