Session 12: Social Security

With many people concerned about the future of social security, Obama tries to reassure that he will do all in his power to make sure that in the future, seniors can still retire and receive social security. With the economic downturn, many have pondered, and even feared that there would no longer be enough in the Nation's budget to pay out social security. The fact that the elderly are often in the poverty group is also something that should be considered when thinking of social security. Yes, taxes may have to be heightened, but think about the fact that once a person has reached a certain age and can no longer contribute to the work force, what kind of income are they to receive if social security is cut? It would not be far that only those that are wealthy will be able to retire and not worry about their economic well being, but also those that worked hard to be able to retire. What Obama is proposing is a good way for the federal government to prevent poverty amongst the elderly.