A bright future for our children doesn’t come easy. Every day, millions of parents around the world strive to secure that perfect future: one where our children can live free from the burden of economic insecurity and environmental threats. However, sometimes that perfect future seems out of reach. We hear news of trillion-dollar deficits, not to mention worries about climate change and the effect it will have on our planet’s health. All these issues point towards a need for greater investment in our society—particularly in social security programs that safeguard us all against financial catastrophes.
But what does “greater investment” mean? Generally speaking, this calls for increasing federal spending on social security programs so that fewer Americans are left without necessary resources in times of need. In effect, these types of investments help to secure a brighter future for our children by reducing poverty and helping them to gain access to quality health care, educational opportunities, and job prospects.
The problem is that many people mistakenly think that social security is a “niche” program designed only to benefit seniors. In fact, it helps millions of people regardless of age—people with disabilities, surviving spouses or children of deceased employees who were productive participants in the workforce, veterans who served their country faithfully…the list goes on. By looking at social security in broader terms—not just as a retirement benefit but as an essential tool to prevent economic misery among millions of households—we can begin to understand how important social security is for future generations.
At the same time, though, we must also consider other issues that could affect our children’s futures—namely climate change and trillion-dollar deficits. Climate change is an issue with both long-term and short-term consequences: from coastal flooding due to rising sea levels to extreme weather events like hurricanes and floods which can cause large-scale destruction when they hit populated areas (not to mention the economic costs associated with rescuing people or rebuilding infrastructure). Reducing carbon emissions is one way of tackling this complex topic; investing more heavily in renewable energy sources like wind and solar power can ensure that air pollution is kept under control while providing jobs at the same time (for those directly working on these projects or indirectly manufacturing related components).
The other pressing issue facing us today is trillion-dollar deficits. The country currently owes over $22 trillion dollars and is due to pay off interest on its debt until 2029 (even if we stopped paying installments immediately). Of course, each generation pays into Social Security so it remains solvent—but this system only works when fewer people retire than are contributing (meaning there are still workers employed). When deficits increase too rapidly or employment rates decrease drastically (e.g., during an economic crisis) then it becomes difficult for governments around the world to keep running without higher taxes or increased borrowing power (which adds even more debt!). To make matters worse, high levels of national debt can discourage investors from placing capital within a given economy—meaning businesses are unable to innovate or expand their products/services. This would spell disaster for any young person looking for employment!
Overall then, securing a bright future for our children involves action on numerous fronts — invest more heavily in social security programs designed to protect households against hardship; reduce carbon emissions by investing in alternative energy sources; tackle huge national debts by spurring economic growth through new business opportunities & jobs market development; reduce foreign borrowing/export finance as much as possible…the list goes on! With this in mind then let’s join forces now before it’s too late – together we’ll work towards that perfect future!