ts controversial nature that we will focus on.
             According to Max Ritchman, an economist and author, "Social Security is not in crisis." Many interest groups believe that privatizing Social Security is too drastic of a move to make when it is one of the most widespread public programs that we have implemented. The trust fund seems to have a substantial cushion and so many are wondering what this sudden need for change is all about. It is apparent that there is a wave of baby boomers that are going to retire, however, according to the trustees' report, Social Security is good for at least another thirty-eight years (Ritchman). Privatization of Social Security would mean that funds would be invested in corporate stocks or mutual funds. There are options for the taxpayer to choose their own devices, or for the government to choose. Whichever choice, as with any change to a government-run program, the privatization of Social Security must overcome a major financial hurdle. Over the past several years, Social Security has accumulated trillions of dollars in liabilities to retirees and those who will retire soon. Funds must be found to pay these liabilities whi
             ...