S.S Brochures

S.S Brochures - Q: What is privatization? A: Privatization...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Q: What are Clinton’s plans to change S.S? A: Clinton realizes that social security is one of the greatest American inventions and plans to do everything in her power to keep it that way. She feels that in order to do so, the government needs to get back to fiscal responsibility and stop borrowing money from the trust funds. She also feels that there should be a guarantee that every workingman and women will receive S.S. Clinton feels strongly against privatization stating that it would cost between 1 and 2 trillion dollars and would go against everything social security has been working towards . retirement income? A: No. S.S was never meant to be the soul source of income in retirement. It is often said that a comfortable retirement is based on a “three-legged stool” of S.S , pensions , and savings . American workers should be saving for their retirement on a personal basis and through employer-sponsored or other retirement plans. Source : Clip Art Q: What is privatization? A: Privatization is the incidence or process of transferring ownership of business from the public sector (government) to the private sector (business). In a broader sense, privatization refers to the transfer of any government function to the private sector including governmental functions like revenue collection and law enforcement.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

S.S Brochures - Q: What is privatization? A: Privatization...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online