Social Security Fairness Essay

1067 Words5 Pages

The fairness of the social security system in the United States is a complex and a widely debated issue. Some argue that the system is fair because it provides a safety net for individuals who have paid into the system throughout their working lives. It also helps to reduce poverty among elderly and disabled Americans. Others argue that the system is not fair because it disproportionately benefits wealthier individuals who are able to save more for retirement and earn higher Social Security benefits as a result. Social Security was first implemented in the United States in 1935 as a response to the widespread poverty and economic insecurity that many Americans faced during the Great Depression. At the time, many older Americans lacked financial …show more content…

As the cost of living increases we should adjust the SS benefits calculations. Older adults over the age of 80 should receive an increase in their benefits to cover increasing costs such as hospital fees. Equity is important when calculating social security benefits. We should recognize that each person has different circumstances and allocates resources equally based on that. Reducing retirement benefits for higher earners could help the less fortunate. Making Social Security fairer for all citizens will require a careful balancing of competing priorities, including ensuring that the system is adequately funded, adjusting eligibility requirements and benefit calculations, and ensuring that benefit amounts are sufficient to meet the needs of all eligible individuals. Social Security is funded through payroll taxes, and increasing the overall tax rate or removing the cap on taxable earnings could help ensure that the system has sufficient funding to provide benefits to all eligible individuals. Some advocates have proposed adjusting the benefit calculation to provide more support to low-income individuals, which would help ensure that Social Security benefits are distributed more equitably. Expanding eligibility to include more workers could help ensure that more individuals have access to the support provided by Social Security. Lastly, Increasing the overall level of benefits could help ensure that all eligible …show more content…

He solved the complex issues of political and social organization through observations of the physical world and complex methods. Hobbes believed that social security was an essential component of this broader goal of social order. He argued that individuals would be willing to give up some of their personal liberties and freedoms in exchange for the security provided by a strong government. In his view, social security was necessary to prevent individuals from resorting to violence or other forms of conflict in order to meet their basic needs. In the modern world, we see the mechanistic theory in government. It is related to the organization of politics and the consequences of each action. Hobbes believed that the government should act as a third party that is meant to protect its people. Today, we have organizations such as interest groups, bureaucracies, judiciaries, legislatures, regulators, media, and technology, that will help the citizens to communicate their needs to the political leaders. Citizens should be allowed the opportunity to fight to change the social security benefits criteria to fit