Social Security Income (SSI)

1226 Words5 Pages
During 1935, in the midst of the Great Depression, President Franklin D. Roosevelt signed the original Social Security Act into law. Since then, Social Security has gone through plenty of phases; most of which include tacking on additional programs to the law such as different forms of insurance. A fact that often goes unnoticed is that building more government programs requires additional funding and, as a result, raises taxes for the American people. When it was first developed, Social Security was simply a means to assist any retired person over the age of 65 by providing them with a small income, and Supplemental Security Income (SSI) did not even exist. Now, the Social Security program has grown to encapsulate other programs including…show more content…
Back when it was first established in 1935, Social Security was an excellent cushion for retirees; as of late, the program has spiraled into such a chaotic, corrupt mess, that Americans need to find a solution to this monster of a program. Firstly, it is important to note exactly why Social Security is such a negative program. Were it used for its original intention, Social Security would be a blessing, but instead, it is a plague unto not only the pockets, but also the work-ethics of all working-class Americans. SSI disability is a welfare-like system which awards benefits based on an individual’s physical or mental health. The problem with disability? Anyone claiming it doesn’t actually need to be disabled. Three-time published author Joseph N. Fried, CPA, MBA, has over 30 years of experience making financial statements for nonprofit organizations.…show more content…
It may seem a long way off, but soon, college-age Americans will come head-to-head with this program. They will have to decide their course of action; work hard and let others reap the reward, or shamefully feed off of the work of others. In all seriousness, Social Security has a superb backbone and was created for a righteous cause. Perhaps remembering what the program was originally made for will cause Americans to realize just how far they have strayed from the starting
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