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Why is the Social Security Administration better positioned to administer this program than a private entity would be?

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Why is the Social Security Administration better positioned to administer this program than a private entity would be?

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Social Security is a compulsory, national program mandated by United States Federal law. Even apart from arguments that only a governmental entity can be assured of administering such a program in an unbiased, objective manner, only the federal government is sufficiently large in size to administer a national program of this scope at the low costs achievable through economies of scale and the absence of any profit motive.

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