Social Security in the 21st Century

Social security is one of the successes gotten by the Americans. The program provides a foundation of economics security for more than 47 million Americans and their families. The reason for the built in protections, we have come close to eliminating poverty among seniors. It also helps in the provision of basic income to millions of families who have suffered the death or disability of a wage earner.

The financial security of social security is very strong. In 2003, it took in the rate of $161 billion more than it paid out in benefits. These programs have the resources to provide benefits for the baby boomers and their children and grandchildren. The security trustees predict that it will pay ever -increasing benefits through at least many more years to come when a surviving baby boomer will be mostly in his/her 80s and 90s. If the US economy long-term growth rate falls to half the level of the past 50 years, the trust fund may be depleted after 2042, but social security payroll taxes alone would still cover benefits worth an estimated $1000 more after inflation than today’s senior receive.

Using less -pessimistic assumptions, the trustees low – cost long term forecast predicts that it will continue to provide each generation of retirees with more generous benefits than their predecessors through the entire 21st century. If social security finances are really in good shape why have so many politicians, policy analysts,and reporters warned us that something must be done to save it? How we have so many Americans become convinced that it won’t be there for them.

Misconceptions about social security are widespread because predictions about the distant future based on multiples assumptions are reported as facts”, frequently distorted,and almost always considered out of context. In addition, some organizations and individuals committed to privatizing it are driven by ideology or hope of profiting from the billions of dollars in investments fees that a privatized system could generate.

The majority of American would be worse off financially under a privatized system, all would be far less secure,and creating a new system would cost trillions of new tax dollars. Therefore, undermining faith in the existing program has been a major strategy private organizations have used to promote their agenda.

This report provides background information on how social security works, explains how it is that Americans can easily afford it in the long run even as our population ages, and points out fundamental problems with proposals to privatize the program.

Finally, it recommends ways we should improve social security to serve Americans better. While we most often see it as a retirement program, 30% of beneficiaries collect survivors of disability insurance. Social security survivors insurance provides benefits to the families of deceased workers, including children under 18, 18 and 19 years -olds in high school, disabled sons or daughters of any age, elderly dependent parents, and surviving spouses who are elderly, disabled, or caring for eligible children.

The social security trust fund & the trustees report is based on the projects of income and expenses of social security for 75 years into the future. The projections require numerous assumptions about birth rates, immigration rates, unemployment, average wages, life expectancy, and the like over. Over 75 years, small differences in assumptions can result in large differences in outcomes. The trustees make three different projections based on different assumptions. These three scenarios are called the low cost, intermediate, and high -cost projections:

The trustees intermediate projection: the trustees intermediate projection predicts that social security payroll taxes will continue to exceed benefits until 2018, and the combination of taxes and interest on the trust fund will cover benefits until 2028.

Interesting Games to Play in 2018

While 2017 had its share of fascinating games on different platforms, 2018 is not without some excellent additions. There are a ton of games that you can find these days and play without having to pay anything. MOBAs or Multiplayer Online Battle Arenas have succeeded in spawning an entirely new genre and are some of the greatest games to try. But, which ones? As mentioned above, there are plenty to choose from. Nonetheless, some of the most interesting games that you should play this year are mentioned below:

Dota 2

This game has more than 13 million monthly players and is regarded as a popular MOBA. This game requires players to show some tactful thinking and they have to perform actions such as killing their creeps in order to prevent their opponents from gold harvesting or delivering items to themselves on the battlefield by using a ‘courier’ instead of returning to base. World finals of this game garner multi-million dollar prizes. You can download this game for free and start playing right away.

League of Legends

This is perhaps one of the most popular games in the world right now and has approximately 100 million unique players on a monthly basis. This doesn’t even include the eSports elements that’s also growing in popularity. In fact, this game has become especially synonymous with the MOBA genre. There are about 130 playable champions with several game modes and maps that help in keeping the game exciting and fresh year-on-year.

Paragon

This is one of the newest games in this category and is the work of Epic Games, the company that launched Gears of War and Unreal Engine. It is one of the most graphically impressive games at the moment and everything from the attack animations to the environments is very detailed. A third-person perspective is used in this game, but the mechanics remain the same as all the others; it is all about destroying towers, pushing lanes and destroying the enemy base while using cards for boosting your skills and moving up levels.

Smite

If you are interested in pitting the likes of Zeus and Thor against one another, then the best MOBA for you is Smite. The game features a wide array of deities that go against one another in a three-lane arena. A third-person perspective is used in this game as well, just like Paragon, which can make it difficult to stay aware of your surroundings. However, the different viewing angles allow you to implement moves that couldn’t have been made otherwise. For instance, Thor is able to launch into the sky and come flying down and crush his enemies with his hammer.

Heroes of the Storm

This was the first MOBA-style game and has expanded greatly since its introduction as Blizzard continues to introduce new heroes to its lineup, other than using characters from its other games. But, it doesn’t have any items and players simply upgrade their abilities as they move up levels. There are also various maps that add some spice to the game.