Two solutions for dealing with Social Security sustainability are raising the retirement age and reducing benefit levels. Why might these solutions be problematic, and what groups(s) might object to them?
What will be an ideal response?
An ideal response will:
1, Discuss why raising the retirement age or reducing benefits would be unpopular with seniors and those approaching retirement age. These individuals will likely believe that they have paid into the system for years and are therefore entitled to certain benefits at the expected time.
2, Recognize that seniors participate (e.g., vote) in the political process at greater rates than other age groups and are likely to hold politicians accountable for unpopular decisions.
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Social welfare programs are classified as __________ if beneficiaries have made contributions so that they are entitled to benefits regardless of their personal wealth
Fill in the blank with the right word.
"Bundlers" are usually ____.
a. individuals b. interest groups c. lawyers d. business leaders e. C and D