Social Security Privatization (Thesis Sample)

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Introduction
The United States social security system operates in the pay-as-you-go framework that the federal government has administered. The workers pay the security taxes that go to the general fund, later used to pay the current claimants. This has had a lot of burden on the workers and more so in the time of retirement. Privatization, though having some demerits, is the only way to go. Though it has been considered not to boost the retirement benefits, and as it can shift the federal government into debt and not solve the problems with the social security problems, it is the way to go due to its benefits. Social security privatization has more advantages, such as it could offer better returns where its trust is invested in the special issue bonds, could boost the economy, boost the workers' return rate by allowing the investment of the retirement contributions in private assets, and enjoyment of higher living standards by future generations.