President Franklin D. Roosevelt

On August 14, 1935 in Austin, Texas, President Franklin D. Roosevelt inked his signature on the Social Security Act. It was originally implemented to resolve problems with unemployment, old age insurance, and public health and welfare. The Great Depression was the catalyst for the creation of the Social Security program, and the basic structure was very similar to Germany’s social insurance programs from the 1880s. Today, social security is mostly used for retired senior citizens starting at the age of 62. At 62, American citizens can begin to collect, but will only receive 35% of their monthly benefit due, rather than the maximum amount of 50% when they reach the full retirement age of 66. (cite) In addition, social security is dispersed to about 14 million disabled people under the age of 62, who can no longer work in the labor force for various reasons. The people who qualify as disabled are just a small percentage of those collecting compared to senior citizens, and are often not mentioned when social security issues are brought up because of their minute effects on social security distribution.

The Social Security Act of 1935, signed by Franklin D. Roosevelt, created a program that included social insurance programs, as well as public assistance. Both programs came about due to the depression and were created as part of the New Deal to benefit the citizens who needed assistance. While both programs were created to assist the public, each program had different eligibility requirements and accomplished different tasks.

Who was the greatest president of the United States? There have been many great presidents in the history of the U.S. Many presidents have led our country through very trying times. Some people believe Lincoln was the greatest president. However, President Franklin Delano Roosevelt led our country at times when a great leader was needed. Franklin D. Roosevelt was the greatest president of the United States because of his New Deal, his great leadership skills, and his strong and deep connection to the people of the United States.

Lastly, the Social Security Act was one of many reform efforts that sprung from the New Deal. This act was an attempt to provide general welfare for women and their children, those with disabilities such as blindness, older individuals, and public health, and helped financially support them while they were looking for work elsewhere. It was most common with elderly individuals, as they received what is known as “old-age pensions.” This was one of the few reforms that has stayed with us since the New Deal, and was economically successful in bringing America out of the Great

When Franklin D. Roosevelt was elected to his first term as president of the United States in 1932, America was in a severe depression. When Franklin Roosevelt took office in March of 1933, President Hoover handed the problems of the Great Depression over to Roosevelt. Upon taking office, Franklin Roosevelt issued a bank holiday which forced all banks to close from March 6 to March 10 while he met with Congress to pass the Emergency Banking Act to allow banks with enough money to reopen and for the Federal Government to help the banks that did not have enough money (A Bank). This act was a prerequisite to many other programs that would develop under Franklin D. Roosevelt’s administration. Under

The federal budget deficit is a much discussed and little understood subject in American politics. The current recession has dramatically decreased tax revenues, driving the United States federal government to increase spending in an attempt to stabilize the economy. As a result the current federal deficit is at over $1.3 trillion dollars. This is approximately $47,754 per U.S. citizen or $137,552 per U. S. taxpayer (U.S. Debt Clock: Real Time, 2012).

During The Great Depression in the United States, 13 million people and the country were in an economic crisis. The nation blamed the Republican party for the economic crisis and for their inability to fix it by the 1932 election.Thus, the election resulted in a win for Democratic Party and the former governor of New York, Franklin Delano Roosevelt. On March 4 1933, Roosevelt was inaugurated president by a nation in need of hope. FDR took action immediately to deal with the depression by closing the banks temporarily to allow an increase of confidence by the American population. Although some historians argued that FDR was moving the nation towards socialism rather than capitalism, Roosevelt, however was able

A landmark change in providing for the elderly came in 1935 with Franklin D. Roosevelt 's Social Security Act. While this provided aid to people with disabilities and mothers with children, aid was also mainly intended for the elderly. The premise of the act was that an individual would pay into the government through the years that they worked and upon retiring that person would receive benefits. Elderly Americans relied on this system to help pay for expenses that they might incur after they reached an age where they could no

The healthcare and social security programs, and the defense budget expense are only some of the few causes towards the government debt. Out of the many causes towards the debt, there are a few in which have caused the most debt. Two of those, are the tax cuts that happened while George W. Bush was in term, and the Iraq, Libya and Afghan wars. These two situations are part of the reason that government is facing large debt. As the debt continues to grow, it will affect people greatly. Interest will become high in order to start paying off the government debt, plus while the debt is still high, jobs will be limited and salaries will continue to be rather low. Also, "Increases in interest rates will cause borrowing to becoming difficult at all levels, including those for individuals, corporations, and mortgages," (Investopedia). Along with the government debt, education throughout American is huge issue as well. The Brown V. Board Education was a case in which declared laws establishing schools for African American and white students to be unconstitutional. After many years, there are school systems that still separate the

The social security act was created by President Franklin D. Roosevelt so that he could put in place provisions in order to help the elderly. The social security act a document that helps impoverished citizens, such as the elderly and physically impaired receive benefits after retirement. Citizens’ in America during the great depression where expected to work weather elderly or physically disabled. These citizens weren’t afforded the financial stability to retire so work was a necessity to acquire money. “Prior to social security, the elderly routinely faced the prospect of poverty upon retirement” (U.S SSA). This effect of the great depression led to a lot death and homes turning into singled parent homes with no income. “The widespread

In this picture taken on Aug. 14, 1935 Franklin Roosevelt is signing the Social Security Act. He did this due to the fact that people were living longer and retiring earlier. This meant that the elderly had to live in poverty after working hard for their entire life.

The Social Security Act of 1935 was an important milestone in United States history to protect the elderly and disabled. It was the first and largest social safety net created to aid the vulnerable. Current workers pay taxes in order to provide for those currently drawing benefits. This system works fine when things are in balance but runs into a shortfall when a larger portion of the population is drawing

The Social Security act was signed into law by President Franklin D. Roosevelt on August 14, 1935 (Traditional Sources of Economic Security, n.d.). The Social Security Act was put in place to not only help with general welfare, but also created a social insurance program designed to pay retired workers that were age 65 or older continued income after retirement (Traditional Sources of Economic Security, n.d.). The Social Security program is a program that so many people depend on not only after they retire, but also if they become disabled and are not able to work. The Social Security Act and laws that are related to it were established for the following purposes: to provide for the material needs of individuals and families, to protect aged and disabled persons against the expenses of illnesses that may use up their savings, to keep families together, and to give children the chance to grow up healthy and secure (Intro to Social Security, n.d.). All of the purposes listed allow individuals to be able to live their lives and not be a poverty level, while still having access to other benefits that will help them. Under the Social Security Act there are many different programs available to assist those that qualify for social security, which is what I will discuss next.

Franklin D. Roosevelt, who was the president during the great depression acknowledged the flaws of entering world war II. However, he was more focused on winning the war and ignored the downwards spiral of the economy. (Folsom, 2010, Para 6) states that, “FDR had halted many of his new deals programs during the war – and he allowed Congress to kill WPA, the CCC, the NYA, and others – because winning the war came first.” I believe that Barack Obama would have talked FDR out of cancelling these programs and instead help him to find alternatives that would allow them to continue fighting the war while establishing and improving these programs. I think that Obama would help FDR to focus more on helping the millions of people who were unemployed

“It is hard to fail, but it is worse never to have tried to succeed.” ("TheodoreRoosevelt."BrainyQuote.com. Xplore Inc, 2014. 17 November2014.http://www.brainyquote.com/quotes/quotes/t/theodorero103482.html ) The reason why this quote relates to what he did is he did not stop and quit , although the catastrophes . He still managed to keep going and it is saying that its easier to at least try in success .Although life was tuff he went very far in the political life and down in history. So the point is to never give up no matter what. Theodore Roosevelt, Jr. was an important figure in American history because he was the youngest President in the history of the U.S. , he was a strong leader in the congress. He also won a Nobel Peace Prize for drafting an agreement in the Russo-Japanese War.