Social Security at Gunpoint Essay

2002 Words 9 Pages
Social Security at Gunpoint

Nothing is born perfect. Numerous glorious concepts are born everyday, some survive some do not. Helping the citizens' through their hard times and even in their glory has been the effort for many governments in many countries in the last few milleniums. In the United States of America Social Security was conceptualized and then realized during the years of the Great Depression that divided and then reunited the country to prosper in the long run. Today Social Security is something that politicians make a lot of promises about in their campaign days, Congress has numerous debates on, and the people whose everyday living depend on the benefits they receive from Social Security have little hand on their own
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40). The decade of the 1930's was an ominous time for the American economy as the following graph shows it with certainty.

(Pre-Social Security Period, par. 41)

This resulted in huge social changes and changes in lifestyles that called for new revolutionary actions. As Roosevelt was elected president in 1932 his idea on social insurance brought a rather creative alternative in the solution of the multifaceted problems that the country was facing. In a document from the Social Security administration it is mentioned that, "Social insurance, as conceived by President Roosevelt, would address the permanent problem of economic security for the elderly by creating a work-related, contributory system in which workers would provide for their own future economic security through taxes paid while employed"(Pre-Social Security Period, par. 72).

It was in this context that president Roosevelt announced his intention to provide a program for Social Security to the congress in June 1934. The committee on economic security was created. In 1935 President Roosevelt signed the Social Security Act into a law. Upon signing the act he said, "We can never insure one hundred percent of the population against one hundred percent of the hazards and vicissitudes of life, but we have tried to frame a law which will give some

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