149k views
3 votes
PLS HURRY Worth 50 points!!!!!! In an essay of approximately 200 words, describe the looming Social Security crisis by explaining your understanding of the original intent of the program and how that has changed over the years. Then, recognizing that unless the program changes, it will eventually run short of cash reserves to fund retirees’ Social Security benefits and that some changes must be made. Suggest three or four alternatives to the current Social Security program and how you would resolve the potential of being unable to fund this program for decades into the future.

User Bello
by
5.5k points

1 Answer

1 vote

Answer:

The Financial Crisis Inquiry Commission was created to “examine the causes of the

current financial and economic crisis in the United States.” In this report, the Commission presents to the President, the Congress, and the American people the results

of its examination and its conclusions as to the causes of the crisis.

More than two years after the worst of the financial crisis, our economy, as well as

communities and families across the country, continues to experience the aftershocks. Millions of Americans have lost their jobs and their homes, and the economy

is still struggling to rebound. This report is intended to provide a historical accounting of what brought our financial system and economy to a precipice and to help policy makers and the public better understand how this calamity came to be

Explanation:i would do more sorry if it wasnt only 200

User Wong Jia Hau
by
5.0k points