Social Security Administration

between 1933 and 1938. The first New Deal program began as soon as FDR took office. A couple of the New Deal programs included the Wagner Act, Works Progress Administration (WPA), Federal Emergency Relief Administration (FERA), Civilian Conservation Corps (CCC), Social Security Administration (SS), National Recovery Act (NRA), Public Works Administration (PWA), Fair Labor Standards Act,…

Flanklin D. Roosevelt offer The New Deal to intended to alleviate economic depression, joblessness and to provide better or greater opportunities and restore prosperity. The New Deal is the economic and political policies of the Roosevelt administration in the 1930’s. It was significant because it helped create jobs to help diminish the ever-rising unemployment rate. This program also helped the agricultural community. In addition, The New Deal program attempted to revive the United State…

Recently, fear of recession has struck the heart of many economists as the prospects of an economic crisis is always present in the minds of people. No economic crisis; however, can match the devastation of the great economic crisis of the 1930s, popularly known as the Great Depression. A crash of the stock market caused by a speculative bubble combined with a drop of prices on farmed goods, staggering rates in unemployment and inflation, a sharp decrease of global trade and destructive natural…

The Social Security Act of 1935, written by President Franklin Roosevelt, was meant to establish an old age pension system. It is funded by taxes on individuals’ wages and employers’ payroll. The Act also provided funds to unemployed Americans as well as services for the promotion of the health of children and their mothers chiefly in area in severe economic distress. It was established when Roosevelt realized that American citizens who were no longer able to take care of themselves had nothing…

cold, and hungry by October 29th, 1929. Although, years went by where Americans were left struggling, a strategy was arising among congress and the great leaders of America for those affected by the downfall of the United States economy. The Social Security Act of 1935 was created in the time period of Franklin D. Roosevelt’s first term of presidency. Once all was reviewed, SSA 1935 was enacted by the Senate and the House of Representatives of the United States of America in Congress as part of…

Fund. All the money that is received by the trust funds is usually used to pay the benefits and operating expenses of the program. If there is expenses or increments not needed they are automatically invested in interest-bearing securities. These interest-bearing securities are guaranteed by the U.S. Government. The income from trusts fund income includes all amounts that…

many this was a real struggle, until 82 years ago when Social Security was signed into law . Social Security Administration, a guaranteed income for the unemployed and retirees, was started by Franklin D. Roosevelt on August 14th, 1935. This happened because people weren't setting money aside for retirement. It was designed to keep paying people after retirement. Having Social Security benefits widows, disabled, and retired. With social security you are able to receive monthly benefit…

Every third of the month was a task to avoid the long lines to cash my monthly check. The currency exchange, grocery stores, and shopping mall were always crowded. This was a day which majority of my community received our monthly benefits. After the long-exhausted day, it was time to enjoy the neighborhood house parties to drink and do illegal drugs. This was a fixation of growing up in a poverty housing authority. However, growing up in poverty gave me a choice to continue to live in poverty…

income, the devolution of health administrations to the nation 's 17 independent groups. This has prompted a mixture of administration models (Blendon, 2011). The National Ministry is responsible for general coordination of national health matters, enactment on medications, outskirt health issues, and universal health relations. However, every group has a health office in charge of key ranges, for example, social insurance arranging, open health and administration of health…

gave jobs to people whose houses were foreclosed on. Also there was the Public Works Administration which created emergency federal jobs. Recovery: Roosevelt realized that the key to recovery was to stimulate demand. His recovery measures were designed to restore the economy by increasing incentives to produce and by rebuilding people’s purchasing power. To do this he tried to pass the National Recovery Administration,…