Social Security act 1935

For over sixty-seven years, the Social Security program has been the most flourishing domestic government program; offering guaranteed economic protection for Americans of all ages.
The aim of the Social Security program is to provide security and stability for people by sharing risks, and participation in social responsibility by saving and lending sacrifices to others. The most important objective is to generate mutual assistance among people and their families, when they face loss or reduction in income, or rising of expenses without creating any burden for others or the society.
According to Social Security Act historians, the social security program began with the Social Security Act of 1935, originally titled the Economic Security Act. President Franklin D.Roosevelt led this Act after a lot of controversy and the Congress passed the Social Security Act finally in 1935.
Social Security taxes and benefit payments began in January 1937. Initially the government paid r...