Tuesday, March 31, 2015

Carissa Shern Chapter 9 question 6

I found the passage about Social Security and Medicare and how the "seesaw in which payments are made by workers are on one side and benefits collected by retirees are on the other."(216) This seesaw effect is unequal because people are having less children but, the "baby boomers" are retiring.  The possible solutions to this problem are fairly easy but unfavorable.  These solutions include having more children, making social security payments smaller and raising the age of retirement.  The passage help me put into perspective what my mom always complains about when the subject of retirement comes up.  She says that social security is unable to keep up and that the government has to make coverage payments stricter.

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