Social Security Act

The f each(prenominal) in States Social security SystemIn 1929 , the smart York post market place crashed . With the crash , literally thousands of populate at sea their entire behavior pitchs . Banks collapsed businesses closed , and the outlandish sank into the smashing Depression president Hoover did so little to doctor the situation that the slender cardboard shacks that sprung up in position around the major(ip) cities were called Hoover-villes By the time Franklin Delano Roosevelt ran for president , the country was get to for a change . Part of his platform for his presidency was the New moot , which led to social security , among other saving gracesThe United States Social Security remains , which is the common stool for the national honest-to-goodness-Age , Survivors , and Disability Insurance (OA SDI weapons platform , is the largest social damages program in the world . The , also known as the Old Age Pension Act , was subscribe into constabulary on August 14 , 1935 , by President Roosevelt . It provided benefits for the retired and pink-slipped by taxing those who were currently employed through a paysheet tax . The premise of the Social Security system was the equal 72 years ago as it is lay outht away , to provide financial security and stability to the common running(a) worldly concern ( HYPERLINK http /en .wikipedia .org /wiki /Social_Security_Act http /en .wikipedia .org /wiki /Social_Security_ActAlthough today we getting even it for granted , the signing of the in 1935 marked a major milestone in America by turning the tides of the Great Depression . It protected the money of the working people , and it ensured that peoples living savings would not be lost in a bank collapse . It also provided for security in privacy by giving a regular , set(p ) income to all of the people who had served! and worked faith teemingy in the country for generations . It was the thinking as much as it was the actual promise : the country would deal out care of its citizens because its citizens had provided so much suffice for it during their young livesPresident Roosevelt believed so strongly in the Social Security system that he was willing to change laws for it . When he essay to get it signed into law and the crown was struck round off by copulation , he retaliated by helping to set across a bill that allowed the President to key raw(a) federal judges if the current Justices were old(a) than 70 . By doing so , he was able to appoint 6 new Justices and effectively rig the vote in his favor . While Congress and the peremptory Court were not at all thrilled with his closing , Roosevelt used his favor to ultimately pass the bill . Although thither was a tip over surrounding the merits of the system , this Justice stacking ensured that the bill would be prolong in May of 1937 ( HYPERLINK http /en .wikipedia .org /wiki /Social_Security_Act http /en .wikipedia .org /wiki /Social_Security_ActAlthough some likely felt this was merely a mogul move on Roosevelt s part and that it was unwarranted , Roosevelt s empty allowed him to pass a bill that became...If you want to get a full essay, order it on our website: BestEssayCheap.com

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