Social Security and the Future of America

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Category: US History

Date Submitted: 12/18/2012 12:32 AM

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Social Security and The Future of America?

Why do some Americans disapprove of the social security program provided for by the federal government? This question is worth exploring because of the major role social security plays in our budget, employment, family, and the everyday lives of the nearly 60 million people who have social security benefits.

This paper will start with a background of social security as wells as significant changes or additions up to the present. From there, a simplified explanation of how social security works. Not only is it important to understand how and why we have social security but there needs to be a discussion about how informed the American public is with regard to processes and simple questions like where there money goes and when they will see it again. Next this paper will uncover the true feeling of the American public and determine why they either approve or disapprove of the program. Complimenting this will be current beliefs about the future of social security from both young and old Americans. This should sufficiently offer an answer to the question of why some Americans disapprove of social security or if that is just a misconception.

Social Security and its many components arose from the Social Security Act of 1935 as part of Franklin D Roosevelt’s economic recovery plan notably known as “The New Deal.” All of the programs initiated through the new deal were in response to The Great Depression. Social Security is insurance against the realization that a persons wages can and do stop when certain contingencies arise, that for many persons make them destitute out of their control (Schottland, 1970). The Social Security act of 1935 wasn’t deemed constitutional until 1937. The first case to come against the courts was based on the constitutionality of the unemployment insurance program. It was argued that the tax levied, to pay for it, was arbitrary and not uniform. Another case against social security...