Should Congress go on to back up societal security? Absolutely! I think that the authorities should go on funding societal security. because for some people that’s the lone thing they can trust on as their beginning of income. if they stop funding societal security so 1000000s of people have no manner of lasting so they have to travel with their program B which is go to other public assistance plans like nutrient casts. etc. If they turn to other public assistance plans doesn’t that mean it would be the authorities even more money? Social security provides a beginning of income for people who doesn’t acquire adequate benefits or people who have retired. I think this plan is really advantageous and should go on to back up and funding it if they don’t so 1000000s of people have no ways of lasting. and increase poorness even more. Most people don’t know the history of societal security. who created it. when it was created and why it was created. Well societal security was created in 1935 and was signed into a jurisprudence by President Franklin D. Roosevelt during the Great Depression when impecuniousness rates among senior citizens exceeded by 50 % . they decide to make something about it. and created the societal security at first it was called the “social insurance” .
We can ne’er see one-hundred per centum of the population against one-hundred per centum of the jeopardies and vicissitudes of life. But we have tried to border a jurisprudence which will give some step of protection to the mean citizen and to his household against the loss of a occupation and against poverty-ridden old age. This jurisprudence. excessively. represents a basis in a construction which is being built. but is by no agencies complete… . It is…laws that will take attention of human demands and at the same clip provide for the United States an economic construction of immensely greater soundness” A quotation mark from our beloved president Franklin D. Roosevelt. Peoples. who are retired. handicapped or can non supply for themselves benefit from this as a addendum to their retirement benefits from their old employer. The mean American taxpayer wages about 6. 2 % of their income to back up societal security. The per centum of the entire federal budget is spent on this plan relation to other plans is about 22. 6 % Although societal security does non hold that tremendous impact on monetary value stableness. But it does hold a negative impact on full employment and economic growing which is a good thing. It is salvaging the authorities some money because it allows people who are retired to non depend on other public assistance plans. Social security is a truly good thing for 1000000s of people it gives them a opportunity to last while they are retired or until they can supply for themselves or their household.
hypertext transfer protocol: //www. Social Security Administration. gov/history/percent. hypertext markup language
hypertext transfer protocol: //en. wikipedia. org/wiki/History_of_Social_Security_in_the_United_States