Getting apt social security and reducing the rate of unemployment is what’s bothering all Americans. As per a poll conducted by The Associated Press as well as the NORC Center for Public Affairs Research, people want the next president to take control of both these matters and make sure that they are resolved. The crucial thing is that they aren’t bothered about which party’s president does it, they just want it done to feel secure about their own future as well as the future of their upcoming generations.
Numbers speak on Social Security and Unemployment
According to the poll numbers that are shared, 85% of Americans want the next President to consider social security to be vital. Similarly, 81% of Americans want the new President to focus on reducing the rate of unemployment as soon as possible.
Deficiency of Funds
If the agency data is to be believed, the concern over the future of social security benefits is valid. The data reveals that the retirement and disability program will be able to pay full benefits only until 2034. After that people will get only 75% of the benefits due to lack of funds. The situation will worsen in the next 75 years because then the social security is assumed to pay $159 trillion more in benefits when compared to the taxes it will collect at that time.
On the brighter side, the employment data is considerably better now. The US economy created 151,000 jobs in the last month. It helped to push the unemployment rate to an eight-year low, i.e., 4.9%. The poverty rate has also been at 14.8% in the years 2013 and 2014 which is far better than the 15% in 2012.
Though it is not wrong to say that almost all Americans want better social security and lower unemployment in the future no matter whether they are Republicans, Democrats or Independent, the other expectations from the future President are way different. The Democrats want to reduce the gap between rich and poor, increase wages as per cost of living and they aim for reducing poverty. Republicans, on the other hand, want to reform welfare, lessen government regulations and the federal deficit.
The Big Question
It is clear that all Americans want better social security and reduced unemployment but there is still no majority on whom they will place their trust. A clear winner of the forthcoming elections is still not visible.