THE NEW SOCIAL SECURITY ACT

1935

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Understanding Social Security

The New Social Security Act is a program intended solely to help disabled and unemployed Americans over the age of sixty-five by guaranteeing a monthly check. This new program falls under Pres. Roosevelts' New Deal, which he implemented after seeing the hard hit America's economy was suffering. By establishing The Social Security Act he was able to bring income to house holds all over the nation; which at that time money was desperately needed. This program was very successful due to the amount of citizens the program was helping. This act helps us understand that the Great Depression was a major turning point in Americans' history and economy. This program still exist today doing the same function it did back then. But due to economical standards now and the amount of funds in the program, the money is depleting.
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How is Social Security now?

Social Security: It Pays to Wait