Social Policy Answers

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If the prediction in this graph comes true, what challenge will it pose to Social Security programs?

A
Less spending will be needed, and less funding will be received.
B
Less spending will be needed, and more funding will be received.
C
The amount of funding and spending will remain constant.
D
More spending will be needed, but less funding will be received.
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Summarize the main issues that are facing Social Security and Medicare, and describe one solution that you would use to address these issues.

Answer:

Because the United States' population is aging, this means that costs are rising for programs that assist senior citizens. Because funding is the major challenge that must be solved, I would consider changing the retirement age. As citizens live longer lives, they may be able to have longer careers. However, this would be a difficult solution.

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Which details did you include? Check all that apply.

A
Social security programs are requiring greater funding over time.
B
The United States’ aging population is creating rising costs.
C
The ratio of workers paying into social security programs is decreasing.

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