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  • Essay / Social Security Act Essay - 1281

    Social Security Act of 1935PROBLEMOn August 14, 1935, President Franklin D. Roosevelt signed the Social Security Act into law. The Social Security Act is perhaps one of the most significant legislative achievements in United States history. The Social Security Act was as follows: Passed as part of the New Deal, the act provided for an old-age insurance system financed by taxes from workers and employers, an unemployment compensation program administered jointly by the national government and that of the States, as well as a variety of measures. categorical grants to states to provide cash assistance to dependent children and the blind, disabled, and elderly. (Turner et al. 517) It was proclaimed during the bitter struggle of the Great Depression; it was essentially a sweeping bill that laid out a set of programs intended to help countless cliques of Americans. Social protection: In terms of the amount of money spent by the national government, the growth of social protection activities was the most important policy change. As government, it takes or borrows taxpayer money and provides cash or in-kind benefits, such as food stamps, to millions of people who qualify because of their old age, disability, unemployment or poverty. (Turner et al. 469) These programs helped individuals in society receive financial support from the government. It was a strategy that turned into prosperity. Overall, social protection programs aim to improve the well-being of disadvantaged and exposed populations. AGENDA Initially, the Social Security Act of 1935 created a national organization intended to distribute financial insurance to the nation's workforce. This law aims to guarantee retirement age to society. Yet Social Security’s fiscal outlook remains strong. (“Next New Deal,” par. 3) Therefore, it is concluded that the new policy has not been successful with the rules and requirements that comprise it. Thus, the Social Security Act of 1935 will remain in the same conditions as it implied before its amendment. The reason it did not succeed is that the obstructions were not taken properly. For example, the conditions for receiving financial assistance during childbirth were not properly defined. The guidelines would not be checked when reviewing an incident to decide whether the applicant was eligible. On the other hand, the video cameras installed in the foster homes were destroyed by the owners of the homes and would say that they were taken out of nowhere. The new policy therefore went straight to the point.