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Sam Button Gavin Coutts Joe Beneducci. New Deal Legislation Passed by FDR in 1935 Goals: Establishment of Old Age Benefits Victim Benefits Unemployment.

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Presentation on theme: "Sam Button Gavin Coutts Joe Beneducci. New Deal Legislation Passed by FDR in 1935 Goals: Establishment of Old Age Benefits Victim Benefits Unemployment."— Presentation transcript:

1 Sam Button Gavin Coutts Joe Beneducci

2 New Deal Legislation Passed by FDR in 1935 Goals: Establishment of Old Age Benefits Victim Benefits Unemployment insurance Aid for the helpless What is it?

3 Implementation Establishment of bipartisan Social Security Board Registration of employers and workers who were to begin earning credits towards old age benefits Money would be withheld from paychecks for the purpose of Social Security The saved money would then be paid to the employee as a single sum at retirement Targets The employed The elderly, or soon to be Those in need of help

4 Change Previously, America celebrated Individualism and Voluntarism Now, the government provided old age pensions, unemployment compensation, health insurance, or public assistance Spending The initiation of the program was to cost the government a one time price The system was designed to be self sustaining afterwords Involvement in Everyday Lives The government removes a small chunk of one's salary It involves itself in life after one leaves the workforce pension payment

5 The SSA acted as an aid to many who lived in poverty especially the old and unemployed therefore, it was effective Social Security still exists today has not yet been deemed unconstitutional the ultimate goal remains to be future financial security for the American people

6 Foner, Eric, and John A. Garraty. "Social Security." The Reader's Companion to American History. Dec. 1 1991: n.p. SIRS Issues Researcher. Web. 27 Nov 2012. Superville, Darlene. "Looking Back: Great Depression and the Rise of Social Security." Patriot Ledger (Quincy, MA). Dec. 18-19 2004: 12. SIRS Issues Researcher. Web. 27 Nov 2012. "A Brief History of Social Security." A Brief History of Social Security. Aug. 2000: 1-30. SIRS Government Reporter. Web. 27 Nov 2012. "Roosevelt's (Franklin D.) Proposal for a Social Security Act (1935)." n.pag. SIRS Government Reporter. Web. 27 Nov 2012. "Social Security." History. N.p., n.d. Web. 27 Nov. 2012..http://www.ssa.gov/history/briefhistory3.html


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