Federal Bureaucracies. How do you get ahead in business? Answer: Increase Profits Answer: Increase Profits.

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Presentation transcript:

Federal Bureaucracies

How do you get ahead in business? Answer: Increase Profits Answer: Increase Profits

How do you get ahead in government? Answer: Expand the Bureaucracy Answer: Expand the Bureaucracy

Which Federal Agency Expends the Most Resources? Social Security: (Department of Health and Human Resources) Social Security: (Department of Health and Human Resources) Medicare (elderly) Medicare (elderly) Medicaid (poor) Medicaid (poor) Retirement Benefits Retirement Benefits

Basic Facts About Social Security Social Security protects more than 150 million workers and pays benefits to more than 45 million people. Social Security protects more than 150 million workers and pays benefits to more than 45 million people.

Basic Facts About Social Security

Younger Americans face roughly a 1-in-5 chance of dying before reaching retirement age. Younger Americans face roughly a 1-in-5 chance of dying before reaching retirement age.

Basic Facts About Social Security

Fact or Fiction? The government's own actuaries predict the system will be bankrupt by 2030, but Social Security could face financial crisis as early as source: The Construction Party 2004

For more information on the fate of Social Security go to Manhattan Video 9:18