Tag Archives: fdr

Social Sec.: From Controversial to Near Universal Support

“Never in the history of the world has any measure been brought here so insidiously designed as to prevent business recovery, to enslave workers and to prevent any possibility of the employers providing work for the people.” Did you think this was a quote from the recent debates surrounding Obamacare? In fact, the quote comes from a 1935 statement regarding passage of the Social Security Act, which instituted benefits for retired Americans and those whose loved ones passed away. Just as much animosity surrounded other landmark legislative events like the expansion of Social Security into providing disability benefits and the creation of Medicare to provide healthcare for our nation’s senior citizens. We look at these programs much differently today in 2012 than at the time of their passage. Social Security in general today enjoys wide spread support from conservatives and liberals alike. Here are some recent poll numbers regarding Social…
Read More »

Posted in Benefits, Social Security | Tagged , , , , , , , | Leave a comment

Parallels Between Social Security in 1937 and Today’s Issues

A popular saying is that “the more something changes, the more it stays the same.” It is a phrase that we will probably hear quite a bit as politics surrounding the 2012 Presidential election heat up. One of the areas where it rings true is the current debate surrounding the Affordable Care Act (“Obamacare,” as we often hear). The connection – for better or worse – that many are making is between Obamacare and the first days of Social Security. As the Republican primaries have demonstrated, no politician will likely be seeking to drastically cut or change Social Security. Americans – both Republicans and Democrats – overwhelmingly support Social Security benefits, but many may not be aware that this was not always the case. Social Security almost never came into existence. Social Security’s creation came about with President Franklin D. Roosevelt’s 1935 Social Security Act. It was by no means…
Read More »

Posted in Social Security | Tagged , , , , , , , | Leave a comment