Play the Social Security Game http://www.actuary.org/content/try-your-hand-social-security-reform
to solve the Social Security problem. Detail your choices, noting the why’s of your choices and also discuss the effects on the stability of employment, inflation, and GDP as a result.
Post your response, and then read and reply to classmates’ posts.
Added question – do you think your views on social security change over time, in other words when you first enter the workforce do you see social security as anything more than a deduction from your paycheck? As you mature (or have parents that do), do you view the deduction as a soon to be benefit?
This should be a fun DQ this week. You will all probably have different answers and different priorities. Be sure to explain your choices …. Remember this exercise simply considers social security concerns/choices, not the entire federal budget, we will visit that topic in module 7
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