The Future Of Social Security?

The Future of hearty auspices measure? friendly security measure was setoff enacted to cooperate the stack who were too sr. to work, disabled, unemployed, and to stand by the families during toilsome times. There bear been umpteen changes done the years, but it is restrained an important way of life that more a(prenominal) depend upon. The future of Social earnest is considered, by many, to be questionable at best. Social Security was developed to help the elderly, but considering the economical and g all overnmental changes, it may not be a safe(p) source of retirement income. According to the Social Security governing bodys Website, the economic conditions and an increased fearfulness for the well world of the elderly population were the determining factors in enacting the Social Security Administration. The Great Depression of the 1930s triggered the Social Security phone number, in the beginning this time many elderly people either lived in poverty or depended on the support of their families to survive. The Social Security forge was subscribe by Franklin D. Roosevelt in 1935, it was designed to be paying bulge out of a large reserve to people who were too old to work, disabled, unemployed, and to assist children who up until this time, had no fiscal assistance. In 1939 the course of instruction added benefits for the spouse and minor children of retired workers.

This Act gave many Americans in those geezerhood a second chance, and some greatly needed help during times of trouble and uncertainty providing them with a form of income that had neer before been offered. The Social Security Act has changed or evolved over the years to reflect the different problems! and issues that have arisen within the governing and with the changing needs of the country. In 1939 the Social Security Act became a pay-as-you go system, meaning that the bills was no longer paid for out of a reserve, or else the money deducted from taxes are use to pay the dependents who currently receive benefits. In 1965 Medicare and Medicaid were added by President Lyndon B....If you pauperism to get a dear essay, order it on our website: OrderEssay.net

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