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===Social Security===
===Social Security===
An Old Age Social Security Bill was passed during his first term which provided for workers who reach the age of 65 a pension of $8 a week at most. The plan had to be pushed through against his procrastination until finally in the 1934 congressional elections the Republicans denounced him for his tardiness. When he did finally consent to a bill, it contained a plan for building a huge reserve fund that would extract billions from the workers' payrolls without any adequate return. Over the protest of the President, the Congress finally took that provision proposed by Roosevelt out of the law. <ref> ''Roosevelt Myth'', Book 3, Chapter 14, [http://www.rooseveltmyth.com/book/fdrmyth_Chapter_Fifteen___The_Roosevelt_.htm ''The Roosevelt Myth''], John T. Flynn, Fox and Wilkes, 1948.</ref>
An Old Age Social Security Bill was passed during his first term which provided for workers who reach the age of 65 a pension of $8 a week at most. The plan had to be pushed through against his procrastination until finally in the 1934 congressional elections the Republicans denounced him for his tardiness. When he did finally consent to a bill, it contained a plan for building a huge reserve fund that would extract billions from the workers' payrolls without any adequate return. Over the protest of the President, the Congress finally took that provision proposed by Roosevelt out of the law. <ref> ''Roosevelt Myth'', Book 3, Chapter 14, [http://www.rooseveltmyth.com/book/fdrmyth_Chapter_Fifteen___The_Roosevelt_.htm ''The Roosevelt Myth''], John T. Flynn, Fox and Wilkes, 1948.</ref>
===Crash of 1937===
By June, 1937 the Treasury boasted relief payments were less than in the same period the preceding year. But this was not so. The Treasury made a practice cooking the books and producing phony results. It merely shifted relief payments to other accounts. They were, in fact, larger than the year before. Stock prices declined and by September the reality could be no longer hidden. By the end of October the market crashed. The budget was running a [[deficit]] at the time $300,000,000 a month.
Assistant Attorney General [[Robert H. Jackson]] and Secretary of the Interior [[Harold Ickes]] in December made speeches inspired by the President on the [[conspiratorial]] ''America's 60 Families.'' <ref>''New Deal Chorus'', [[Time magazine]], [http://www.time.com/time/magazine/article/0,9171,758849-1,00.html pg. 1][http://www.time.com/time/magazine/article/0,9171,758849-2,00.html pg. 2], Jan. 7, 1938.</ref>
In January, John D. Biggers staggered the administration with a report Roosevelt had commissioned that stated there were 10,870,000 people out of work. <ref>[http://www.time.com/time/magazine/article/0,9171,758790,00.html Two Schemes], ‘’[[Time magazine]]’’, Jan. 10, 1938.</ref>
== Second Term ==
== Second Term ==