We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Uncle Sam’s Toolbox—Honors

essay
The whole doc is available only for registered users

A limited time offer! Get a custom sample essay written according to your requirements urgent 3h delivery guaranteed

Order Now

Should Congress continue to support social security? Absolutely! I think that the government should continue funding social security, because for some people that’s the only thing they can rely on as their source of income, if they stop funding social security then millions of people have no way of surviving then they have to go with their plan B which is go to other welfare programs like food stamps, etc. If they turn to other welfare programs doesn’t that mean it would cost the government even more money? Social security provides a source of income for people who doesn’t get enough benefits or people who have retired. I think this program is very advantageous and should continue to support and funding it if they don’t then millions of people have no ways of surviving, and increase poverty even more. Most people don’t know the history of social security, who created it, when it was created and why it was created. Well social security was created in 1935 and was signed into a law by President Franklin D. Roosevelt during the Great Depression when impecuniousness rates among senior citizens exceeded by 50%, they decide to do something about it, and created the social security at first it was called the “social insurance”.

We can never insure one-hundred percent of the population against one-hundred percent of the hazards and vicissitudes of life. But we have tried to frame a law which will give some measure of protection to the average citizen and to his family against the loss of a job and against poverty-ridden old age. This law, too, represents a cornerstone in a structure which is being built, but is by no means complete…. It is…laws that will take care of human needs and at the same time provide for the United States an economic structure of vastly greater soundness” A quote from our beloved president Franklin D. Roosevelt. People, who are retired, disabled or cannot provide for themselves benefit from this as a supplement to their retirement benefits from their previous employer. The average American taxpayer pays about 6.2% of their income to support social security. The percentage of the total federal budget is spent on this program relative to other programs is about 22.6% Although social security does not have that enormous impact on price stability. But it does have a negative impact on full employment and economic growth which is a good thing. It is saving the government some money because it allows people who are retired to not depend on other welfare programs. Social security is a really good thing for millions of people it gives them a chance to survive while they are retired or until they can provide for themselves or their family.

References:

http://www.ssa.gov/history/percent.html
http://en.wikipedia.org/wiki/History_of_Social_Security_in_the_United_States

Related Topics

We can write a custom essay

According to Your Specific Requirements

Order an essay
icon
300+
Materials Daily
icon
100,000+ Subjects
2000+ Topics
icon
Free Plagiarism
Checker
icon
All Materials
are Cataloged Well

Sorry, but copying text is forbidden on this website. If you need this or any other sample, we can send it to you via email.

By clicking "SEND", you agree to our terms of service and privacy policy. We'll occasionally send you account related and promo emails.
Sorry, but only registered users have full access

How about getting this access
immediately?

Your Answer Is Very Helpful For Us
Thank You A Lot!

logo

Emma Taylor

online

Hi there!
Would you like to get such a paper?
How about getting a customized one?

Can't find What you were Looking for?

Get access to our huge, continuously updated knowledge base

The next update will be in:
14 : 59 : 59