Privacy: Is It Important To Prevent Social Security?

While interpreting Should We Ditch the Idea of Privacy? by Don Tapscott, I had found that this article was my favorite. When it comes to choosing is one should stay private or keep their information public, I feel like that is up to that individual one hundred percent. In Should We Ditch the Idea of Privacy? Tapscott went over how many people should be more open and post more information on the internet to allow others to get a sense of what is going on. He believed Facebook is a “leading social-media site that promotes information sharing” making everyone’s life an open book for everyone to read and learn from. Additionally, to help is one is struggling with any mental health issues. Tapscott believes that by sharing personal information can

Someone's social security information or credit card can be found online. If it's through an app or by hacking someones Amazon account, it can be done. A person's identity could be stolen, like how in 1984, "people simply disappeared… Your name was removed from the registers, every record of everything you had ever done was wiped out, your one-time existence was denied and then forgotten" (Owell 19). Their lives were erased, like a person’s life can get stolen today (Lohr). Not even privacy settings can protect a person because it can easily be hacked or stolen by the

For many years the social security program has been operating successfully. In recent times however, it is becoming apparent to some that social security is in need of reform. Their argument is that with the amount of people getting older in the next couple of decades, there will not be enough money left in the social security reserves to pay for everyone who needs it. That is why the idea of separating social security up into private funds has been brought to the attention of the American citizens. This idea of reform has been around for quite a long time; however it has been pushed on by pro reform supporters more in recent times because they think it is necessary for the

In 1945, the government started to use number to identify a person. Social security number, life insurance, policy number, all identify a person. These number are so important that in the modern day if any person get a hold of these number, a person’s identity could be stolen, meaning that person money, housing and banking could be at risk. In the modern era, numbers are used for everyday life, from purchasing, owning houses, and even drive a vehicle. It's a way the government can keep track of every Americans. Social Security began in 1935 for the sole purpose of tracking the earning histories of the U.S. workers. Now every legal resident of the United States has one. Its easier to keep track due to the era of computers, but its seem dehumanizing

The United States Social Security System is often considered a political football, frequently debated on whether the government should continue to manage it or should it be privatized. Either way, in today’s economy, it’s vital to the welfare of many. The main purpose of the system is to provide benefits to America’s workers and their families for retirement, disability, and early death. (Unknown Social Security ProCon) According to the data collected in the 2000 census, “Social Security is the main source of income for men and women 65 and older.” (Hartmann, Lee Highbeam) This finding proves people have become to depend on the government for this benefit, and for a multitude of reasons are not saving enough money to live on once they

Privacy is what allows people to feel secure in their surroundings. With privacy, one is allowed to withhold or distribute the information they want by choice, but the ability to have that choice is being violated in today’s society. Benjamin Franklin once said, “He who sacrifices freedom or liberty will eventually have neither.” And that’s the unfortunate truth that is and has occurred in recent years. Privacy, especially in such a fast paced moving world, is extremely vital yet is extremely violated, as recently discovered the NSA has been spying on U.S. citizens for quite a while now; based on the Fourth Amendment, the risk of leaked and distorted individual information, as well as vulnerability to lack of anonymity.

The United States’ Social Security system was implemented by Franklin D. Roosevelt on August 14, 1935 as a part of the New Deal during the Great Depression “to frame a law which gives some measure of protection to the average citizen and his family against the loss of a job and against poverty-ridden old age." Although the system has proven to be one of the most popular programs ever established, its future has been questionable for some time. According to the Social Security Administration (2008), “People are living longer, the first baby boomers are nearing retirement, and the birth rate is lower than in the past. The result is that the worker-to-beneficiary ratio has fallen from 16.5-to-1 in 1950 to 3.3-to-1 today. Within 40 years it will be 2-to-1. At this ratio there will not be enough workers to pay scheduled benefits at current tax rates” (Social Security Administration [SSA], 2008). This issue concerns many citizens, especially younger generations, and continues to be a hot topic of debate amongst politicians. Many ideas have been proposed about how to reform the current system. The most popular of these ideas is to create an entirely new system consisting of mandatory pension accounts which would allow individuals to accumulate a balance over time with investment options such as stocks, bonds, or mutual funds. This argument will show why Social Security should not be replaced by a mandatory private pension system.

Social Security is in need of reform as the Social Security Trust Fund is predicted to deplete between 2033 and 2037. Some economists and politicians suggest that taking the social insurance program to the free-market is the answer. What they mean is to privatize the program, where it would be mandatory for one to put funds in a private retirement investment account. Social Security began to run a deficit in 2010, meaning that the amount of money collected from taxes was not enough to cover the cost of the program. Privatizing Social Security has its advantages and disadvantages according to empirical findings and theoretical simulations. I will summarize what economists have collected from Chile and Mexico, these are just a few countries

This report was written on November 20, 2015, by Brittney Bowman, using sources from the VU library website. In this report, I will discuss the presently debated topic of the future of the Social Security program. I will do this by providing information on the history of the program, exploring the current standing of the program and its related uncertainty, and discussing the future of the program. The purpose of this report is to fulfill the business report assignment requirements by exploring the future of Social Security and what events have brought the program to where it is now. The problem with this issue is that due to conflicting information being reported, the current state of the Social Security program is unknown and is rumored to be running out of funds with the program reaching bankruptcy in the very near future. However, this is still debated upon between groups on whether the program is actually going broke. Regardless, the Social Security Program has been a very common source of income for retirees for nearly a hundred years and it will very soon need to be revitalized to accommodate growing need and demand.

     There is much-heated debate on the issues of Social Security today. The Social Security system is the largest government program of income distribution in the United States. People are concerned that they won't see a dime of what they worked so hard to contribute into the Social Security system for so many years. Social Security provides benefits to about forty-three million Americans. Not only to retired workers, but also to their spouses and dependents of the workers who die prematurely. It also provides benefits to disabled workers and their dependents. Social Security appears to most people like a simple retirement saving’s account. After all, you generally

14th August 2015 marked the 80th anniversary after President Franklin Roosevelt signed the Social Security Act in the year 1935. The program has been important in alleviating poverty amongst the elderly population. However, the system has started to how its age. The OASID (Social Security and Disability Insurance Trust Funds) is presently running on cash deficit as the baby boomers retire. The DI (Disability Insurance) program has been running on deficits for several uses and has been predicted to exhausts the trust fund. The social security provides important income security to millions of the beneficiaries but is on towards insolvency. Presently, the Social Security program pays more in benefits that it is collecting in revenue and has been projected that the trusts funds will run out in the year 2033 (Bernan Press, 204). At this instance, all the beneficiaries regardless of income and age will face an immediate twenty-three percent benefits cut. The longer term OASI would need more than a 4 percent point rise in the payroll tax so as to close the gap in funding over the next 75 years or benefits would have to be reduced below the promised 27 percent level by the year 2090 (Bernan Press, 2014). The focus of the paper is on the issue of solvency of social security fund

The Social Security act was put into place to help the people over the age of 65 to live life with a supplement after they retire. The money taken away from their weekly wages would be put away till this time. This money is called a Social Security tax. “The Social Security Act, signed into law by President Roosevelt on August 15, 1935, was the major legislative achievement of the New Deal. It was a landmark in American political and social history, reflecting a public commitment to the economic rights of people and, consequently, extending federal responsibility for social welfare.” (Axinn & Stern, 2012) When you retire you can draw from this money you have worked for, if you pass away your wife or children are entitled to these earnings left by the worker. One of the most differences between now and in the past regarding Social Security is the coverage. People in the past were not all covered regardless if they were working because of the cost and lack of benefits available.

Privacy is an obligated right for each and every individual. Privacy has different views and aspects which can vary for each individual. On a basic insight, privacy can express an individual’s security to be drawn only to them therefore eliminating the risk of others around watching you or even snooping in an intentional attempt to grasp some sort of information. There is another side to privacy as there is a differentia between the privacy of one’s self and the privacy under law. The different comes as the information that is protected under these laws is not within our control. (Office of the Victorian Privacy Commissioner, 2012).

Millions of people are posting pictures of themselves and their life experiences online for the world to see. And of course, people only post things that will make themselves seem more cool, adventures, and pretty, basically, a better person. People make an effort to present themselves based on what others like to gain popularity. This effort to be “perfect” is now being seen through people in the real world. People view others based on what they see of them online rather than in the real world. In the articles, “Should We Ditch the Idea of Privacy?” by Don Tapscott and “#Me: Instagram Narcissism and the scourge of the Selfie” by John Paul Titlow. Both authors show us without question, how the internet and social media have impacted the ways we view others and how we present ourselves to others negatively.

Privacy is something that is valuable, and gives trust to both sides. Everyone is endowed with some degree of privacy, right? The debate of the topic privacy versus security has been going on for a while. Most people believe privacy is more important, giving people the chance to be relaxed without anyone watching them, literally or figuratively speaking. Governments believe that security is more important, claiming it will help with terrorism and lower the crime rate. If we allow this to happen, then as an example, the government could monitor our phones conversations, what websites we visit, the games or programs we download, even where we go throughout our day by tracking us on the GPS unit in our smartphones.