Challenges and risks of social security in the us at the beginning of the 2020s

Abstract

Protecting the social security of the American households has been in the process of transformation, meeting more and more long-term challenges like demographic, financial; and facing new threats for well-being, like inflation. Though inflation doesn't dominate Americans' worries as the most important problem facing the country, Polls show the growing part of householders having problems with paying the bills; worrying a great deal about inflation, the availability and affordability of energy etc. The proposed Budget of the U.S. Government for Fiscal Year 2023 contains a wide-ranging list of government social spending initiatives, but the worries of Americans about the government regulation and social issues remain.