SSA

__SSA:__
Social Security is a social insurance program that is funded through payrol taxes. The main part of the program is sometimes abbreviated OASDI (Old Age, Survivors, and Disability Insurance) or RSDI (Retirement, Survivors, and Disability Insurance). When initially signed into law by President Roosevelt in 1935 as part of his New Deal, the term //Social Security// covered unemployment insurance as well. It had helped the people in need after the Wall Street Crash. The SSA Act (Social Security Administration) was to help Socially, Financially, and Economically**.** This act set up the first national old age pensions scheme. Workers and employers had to pay into a federal pension fund. Each state was also expected to work out a plan for unemployment insurance. This one act covered 35 million people despite opposition from Republicans who felt the whole idea smacked of socialism.



http://www.youtube.com/watch?v=Tts2uTWt6e8&safety_mode=true&persist_safety_mode=1

The social-security bill was signed by the president on August 14th with a succession of pens and under flood lights, as if to make up for the previous lack of publicity accorded it. Never before in the history of this or any other country has a bill of such great scope and import been passed with public opinion in such a daze about the issues. Unfortunately the present law seems doomed from the start by its complex, slovenly, and mangled character. the subject of social insurance, in economics, politics, statistics, social policy, trade unionism, wages and industrial production are intertwined, was barely discussed in the United States prior to the presidents message to congress in june, 1934.

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