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AP U.S. Government 1.3 Public Policy. Future funding for Social Security is threatened by what?

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Transcript

00:00

Thank you We sneak and here's your shmoop du jour

00:05

brought to you by future funding government appropriations for hoverboards

00:10

and cool future funding for social security is threatened by

00:14

what and hear the potential answers much roman numeral here

00:18

baby bill tyree health care all right a chunk of

00:23

the us government's budget goes toward no not american flags

00:26

and fireworks entitlements which refers to any benefits that are

00:30

guaranteed if we meet certain eligibility requirements as citizens Well

00:35

social security for example is a government program that provides

00:38

a monthly stipend for retired workers but that funding doesn't

00:42

grow on trees unless we count paper for a paycheck

00:46

in which case it technically does grow on trees But

00:48

that's splitting logs Yeah all right is future funding for

00:52

social security threatened by one the comparatively small size of

00:58

the baby boom generation Well the baby boom generation which

01:01

refers to people born between nineteen forty five in nineteen

01:04

sixty for is actually quite large that's part of the

01:07

problem As more and more of these baby boomers quit

01:09

working and moved to florida social security has more retirees

01:13

to support which puts downward pressure on the worker to

01:16

retiree ratio think of it as a pyramid as more

01:20

and more people retire the top of the pyramid gets

01:22

larger and larger but the base isn't keeping up since

01:25

today's working population is part of a smaller generation than

01:28

the baby boomers retirement of those baby boom boom boomers

01:32

will bring that ratio down of workers and retirees so

01:36

the odds for the old are not in our favor

01:39

Could future funding for social security be threatened by three

01:43

The rising cost of health care Well the rising costs

01:46

healthcare is definitely a problem but that affects medicare program

01:49

that provides health care for the elderly not social security

01:53

What about for the rising birthrate Well actually a rising

01:57

birth rate would help to stabilize that worker The retiree

02:00

ratio we mentioned earlier problem is the birth rate in

02:04

the us dipped to an all time low in two

02:06

thousand thirteen so sorry baby for just won't cut it

02:10

So if the shrinking worker to retiree ratio is jeopardizing

02:13

social security's future that makes be the correct answer At

02:18

the end of world war two people were so excited

02:20

about the conflict ends that they decided to celebrate by

02:23

am asking the storks to bring him a whole bunch

02:26

of new kids Which is what ignited the passionate fuse 00:02:29.778 --> [endTime] of the baby boom in the first place

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