Today as Americans, we suffer from many economic problems such as stock market crashes, health care spending, and social security issues. We do not realize what is happening because we are too wrapped up with everything else that’s going on in our lives so we choose to ignore it and let the problem fester to a point when it’s too far gone to fix. That’s the problem in our society, we pay too much attention to the unimportant things rather than to the problematic things right in front of our faces. The issue to cover today is the solvency of social security, will it be there fifty years from now or will our generation be succumbed to working until we die? This is an important ideal, because we need to keep our eyes open to worst case scenario. One reason to worry about our social security is because there are …show more content…
Back in the 1980s, abusing the system became a new trend and soon everyone hopped on the bandwagon. Politicians were one of the biggest contributors to this trend, they began with “temporary borrowing” which led to bad habits of not returning the money back into the fund. In the 80’s we didn’t really care about Social Security because it wasn’t a big concern, and now here we are thirty years later with a crisis of ‘Is there enough money to go around” and “If theres no money, when can I retire?” There’s also the problem of fraud. Statistics show that in 2012 fraud incidents had blown up by over one million peoples and the people committing fraud had stolen over 21 Billion dollars from our funds. (More Than 12 Million Identity Fraud Victims in 2012 According to Latest Javelin Strategy & Research Report. (n.d.). Retrieved November 9, 2014.) Another form of fraud is one done through Medicare. Medicare is