Social Security’s Birthday

Franklin Delano Roosevelt, 1933. Lietuvių: Fra...

Franklin Delano Roosevelt, 1933. Lietuvių: Franklinas Delanas Ruzveltas (Photo credit: Wikipedia)

Today is the birthday of Social Security? The Social Security Act was approved by Congress and signed by President Roosevelt on August 14, 1935. The Act created unemployment insurance and pension plans for the elderly.

“It is common sense to take a method and try it. If it fails, admit it frankly and try another. But above all, try something.”

Franklin D. Roosevelt

Will SS be there for the next generation of elderly?

6 thoughts on “Social Security’s Birthday

  1. In theory the money is still there. However the government (both parties mind you) have constantly borrowed against it —theoretically reducing it. We need to theoretically reduce congress and also note that privatizing SS is just handing it over to the same jerks who ripped this country off on Wall Street.

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  2. Pingback: It’s been our number one social program for 77 years… « Under The LobsterScope

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