How To Save Social Security Essay

Length: 4 pages Sources: 5 Subject: Healthcare Type: Essay Paper: #75480028 Related Topics: Franklin Delano Roosevelt, Flat Tax, Federal Budget, Depression In The Elderly
Excerpt from Essay :

SSA Status Report

The author of this report has been asked to do an analysis of the Social Security program as it exists in the United States. First, there will be a look at how Social Security was initially envisioned and planned by President Franklin Delano Roosevelt. Second, there will be an analysis done of what is projected to happen with Social Security over the next twenty to thirty years. Third, the author of this report will provide two recommendations that will help improve the viability and existence of Social Security over the next generation. Finally, there will be an evaluation of how these recommendations can be implemented given the contentious political environment that exists right now. While petty fights and demagoguery will surely get in the way, the Social Security system is in bad long-term shape and needs to be properly fixed and adjusted immediately.

Analysis

According to a review of the event by History.com, the enactment of Social Security was done as a means to prevent the unemployed and the elderly from becoming impoverished and destitute. Indeed, Franklin Delano Roosevelt (FDR) took the helm of the country in 1932 when it was in the depths of the Great Depression. The Social Security Act was part of a broader set of laws that came to be known as the "New Deal." To use FDR's own words in reference to the Social Security and other acts involved, he said that the act was meant to address and help "young people (who) have come to wonder what would be their lot when they come to old age." Further, he said that "we can never insure one hundred percent of the population against one hundred percent of the hazards and vicissitudes of https://www.paperdue.com/essay/how-to-save-social-security-2152208

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