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Privatization of amicable securityToday, United State is on the edge for a considerable change, President George W. Bush second term agenda to reform the mixer tribute has left us to think about a headland that will have a huge impact on the rising of United State, Should Social Security be privatized? Enacted in 1935, under the governing of President Franklin D. Roosevelt and modified many times since-including major change in 1983-Social Security provides benefits to workers and their family members upon retirement, disability, or death. Since the programs origin, the size of those benefits always has depended on the earnings of workers. If the favorable security is privatized the amount thats collected from each workers pay check as a Social Security impose upon retirement instead would depend on the size of investments in his or her own personal account. Under the current recession period, privatizing Social Security will increase the federal deficits and debt significa ntly hence the national nest egg will decline and of all it could reduce long-term economic emergence and the size of the economic pie available to pay for the retirement of the baby holla generation. After privatization for every dollar of national savings that it injects into the economy, the government will have to take another dollar out of the national savings market in the form of Treasury Bonds, thus negating the effect of privatization on the supply of private capital. Therefore interest rates are presumable to...