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After Having a Part Time Job for More Than a Year

question 222

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After having a part time job for more than a year, I have gotten used to the fact that the government takes money from me every two weeks to put toward Social Security. It isn't fair that I should pay for some old person's rent in Florida. Despite my dislike of the right wing, I find the idea of privatizing appealing. I would much rather keep that money to invest in mutual funds, stocks or my college education. Andy Irwin, Letter to the Editor


Definitions:

Motorcycles

No real economic term; in economics context, motorcycles might be discussed concerning market dynamics, production costs, and consumer behavior in the automotive industry.

Tractors

Motor vehicles specifically designed for the purpose of agricultural tasks, including plowing, tilling, and planting fields.

Motorcycles

Two-wheeled vehicles powered by an engine, often used for transportation and recreational purposes.

Opportunity Cost

The value of the best alternative that is forgone when a particular decision is made.

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