Part of the imbalance with Social Security exists because

Question

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Social Security is designed as a pay-as-you-go system, where current workers' payroll taxes fund the benefits of current retirees. However, due to demographic changes, such as increased life expectancy and a lower birth rate, there are more retirees drawing from the system than there are younger workers paying into it. This demographic shift has led to an imbalance in the Social Security system, where the amount paid out in benefits exceeds the revenue generated by payroll taxes.

Part of the Imbalance with Social Security Exists Because