top of page

Social Security

President Franklin Roosevelt in his first term faced the one of the greatest economic challenges in our history, the Great Depression. The 1930’s was a time in America when the largest group of Americans that lived in poverty was the elderly. Roosevelt compromised with conservatives in the 74th US Congress to pass the Social Security Act of 1935.


The Social Security Act established a tax-based retirement system that since it started paying benefits in 1940 has paid for itself and made the elderly one of the smallest group of Americans that lives in poverty. Social Security has created a surplus through the years that is in a Trust Fund of US Treasury Notes.


Through the years Social Security has been modified to make sure that it pays for itself. When we hear Republicans talk about the end of the Trust Fund in 2033 we need to tell the members of Congress to do their job and reform the program that has reduced poverty in our country without once contributing to the national debt.

3 views0 comments

Recent Posts

See All

President Biden and Speaker McCarthy have managed to hammer out a compromise on the debt ceiling. In the time we live in that is a major accomplishment. The 24 hour news cycle and the constant parti

On August 8, 2008 a student of Central High School in Knoxville walked into the cafeteria before school had started and fatally shot a fellow student. The student turned and left the school. The sch

We have all grown up victims of book publishers, Hollywood and TV producers who created the myth of the Wild West. That myth is the heroes with the guns on their hips walked the streets of towns prot

Post: Blog2_Post
bottom of page