The Social Security Act (Click for more information)
President Franklin D. Roosevelt’s Social Security Act was definitely successful. The act had created an American solution to old-age pensions. The United States social security provided support funds to assist children, the blind, and even the unemployed. This act has dissipated the fear of poverty among the elderly. Also, the funds come from taxes instead of government funds. Even eight decades after President Franklin D. Roosevelt signed the Social Security Act, it still remains one of the nation’s most popular programs. Even eight decades after it was first signed, the Social Security Act is still so efficient and successful. Social security provides both life insurance and disability insurance protection; a progressive benefit; retirement protection; and also prevents one-half of the elderly from being poor. The Social Security Act President Franklin D. Roosevelt had signed was not only successful and efficient during the Great Depression, but is also a powerful tool in today's economy.
"I summarized the main objectives of our American program. Among these was, and is, the security of the men, women, and children of the Nation against certain hazards and vicissitudes of life. This purpose is an essential part of our task"
- Franklin Delano Roosevelt