Social Security Administration (SSA) by ROBIN SHAMON

The Social Security Act

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was passed in 1935.

Part 1:

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People who retired that were age 65 and older received money. Half of the money came from the employer and the other half came from the employee. This allowed people to have good lives after they retire.

Part 2:

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The SSA funded an unemployment system which raised money from federal tax on employers.

Part 3:

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The states were given federal funds to give for families that had disabled and dependent children.

The Goal of Social Security

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was to provide general welfare for people who could not work for many different reasons. It also helps families have some money during bad economic situations where they can't find a job.

Was the Program Successful?

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I think the social security program is successful because it is helping millions of people. This program still exists today and is appreciated by many Americans.

Responsible use of Federal Funding?

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The initial funding of the social security program was a very responsible use of federal funding. The program is set up so that it does not use any federal funding. This allows millions of people to benefit from something that the government does not pay for.

Criticism of Social Security

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Some critics think that people get more money than they actually should be getting. Others say that if you invested the money into a bank account you would end up having more money later in life.

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