Question

How would you rather address the problems in the social security program. Will you fix the current problem that we have now or create a new system like a pre-funded system where everyone did have their own account that will be airmaked for them. Discuss any problems you see with either one of them and which one would you rather support.

Answer 1

Social security programs needs to be highly checked by the authorities in the country. As this is one of those widespread issues which needs special attention, programs and follow up in order to keep it under the maintained zone.

To implement the social security program in my personal overview, is that only because the previous old programs have somehow failed which is why it is creating reason to rethink over the same issue. If programs give space to reconstruct another ideas in order to perish the problems it was once implemented for then I believe, another new program must be executed and old ones must be stopped.

But ofcourse, the social security problems are of severe concern than making a pre funded syatem of creating accounts of people. Social issues influence a larger population in every state or level of habitation. Whereas, the pre funfed system might be the secondary priority when compared to the social issues in the society.

I would support a social securtiy program over creating a new system like a pre funded system where everynoe have their own airmarked account. Even though, social programs happen to be more difficult and challenging for the goverment body but it can not be overtaken by the novice ecomomic programs for the society.