scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 976
Social Security anf African Americans The conception of the social security program in 1935 was fueled with good intentions and overall concern for shielding the elderly citizens of this nation from poverty after retirement With the weight of demographics and fiscal pressures the collapse of Social Security is imminent if changes are not made to the existing system The Social Security program accounts for nearly 22 of all federal spending and has served as the foundation that supplements the income of many retirees Recently however with statistics being made available the programs dependability has been questioned as the fate of Social Security has become a controversial topic throughout the nation Social Security is the focus of intense public interest because it is projected to have long-range funding problems The primary reasons are demographic an aging post WWII baby boom generation declining birth rates and increasing life expectancies are creating an older society The number of people 65 and older is predicted to rise 75 by 2025 whereas the number of workers whose taxes will finance the Social Security benefits of retirees is projected to grow by only 15 As a result the ratio of workers to Social Security recipients is projected to fall from 33 to 1 to 2 to 1 by 2030 At this rate Social Security will be bankrupt by 2012 possibly sooner The Social Security Administration predicts that in thirty years it will only take in enough taxes to pay about 75 percent of the benefits Americans are expecting This is proof enough for many Americans that there is a need for reform within the Social Security program As food for thought for the African American community paying into the Social Security system has a particularly disparate impact on African American males Because black males generally enroll in college at a significantly low rate they enter the workforce earlier and on average begin
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA