The social security program in the United States was enacted in 1935. It was legislated by Congress during the Franklin D. Roosevelt presidency as part of his "New Deal" program. Social security is the federal social insurance program of the United States. Today social security is in a joint program with the Department of Health, Education and Welfare. In the U.S. today social security is the Nation's method of providing income when a family's earnings are reduced or stopped because of death, retirement, or disability. Nearly one out of seven people in the U.S. get monthly social security checks in the mail each month. Almost every family in the U.S. contributes to or collects from the fund known as social security.
The need for a social security program was brought about by changes in our country due to the industrial revolution of the 19th century. One major change was urbanization. This change often caused families to live far from each other in order that they would have a job. This broke up the extended family whereby many family members lived together and cared for each other in times of old age, illness or disability. Families no longer took responsibility for these extended family members. Another major chan
"Social Security" Connecticut The Encyclopedia Americana International Edition
Some think that Social security was enacted in the 1930's and has been promoted ever since with misleading labeling and deceptive advertising. A private enterprise that engaged in such a labeling and advertising would be severely castigated or punished by the Federal trade Commission. The impression is given that a worker's benefits are financed by his contributions. The thing is taxes are being collected out of your paycheck to pay for the retirement or the hospital bills. Payments are determined neither by the amount paid nor by the financial status.
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