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.

    Like

Voice your thoughts

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s