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| | <includeonly>[[Category:Articles needing proper referencing]]</includeonly> | | <includeonly>[[Category:Articles needing proper referencing]]</includeonly> |
| − | '''Social Security''' is an involuntary social insurance program enforced by the [[United States]] federal government. The [[socialism|socialistic]] program was one of the "hottest" topics under consideration in the 2004 U.S. presidential election and in early 2005, when President [[George W. Bush]] and Senator [[John McCain]] began an unsuccesful campaign to give Americans the right to voluntarily opt out of the system and seek personal retirement accounts by depositing their payroll taxes into personally owned and invested accounts similar to 401(k) plans or IRAs. | + | '''Social Security''' is a compulsort social insurance program primarily for old people and the disabled, sponsored by the U.S. federal government. It is strongly endorsed by all major conservative politicans in recent decades, and was expanded by presidents [[George W. Bush]] and [[Dwight D. Eisenhower]], and put on a stable financial basis by [[Ronald reagan]]. |
| − | Social security systems are common in most developed nations. | + | |
| | + | Social security programs were first introduced by conservatives and pro-business politicians, such as [[Otto Von Bismark]] in Germany and [[Winston Churchill]] in Britain, in order to weaken Socialism. All developed countries have a system somewhat similar to the U.S. |
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| | ==History== | | ==History== |
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| − | In 1889 Germany was the first country to introduce government pension plans. | + | In 1889 Germany was the first country to introduce government pension plans. Britain introduced its program in 1907. |
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| − | In the United States a limited form of the Social Security program began as a measure to implement "social insurance" during the Great Depression of the 1930s, when poverty rates among "senior citizens" exceeded 50 percent. Social Security was controversial when enacted and remains so today. | + | In the United States Social Security was passed by Congress in 1935, endorsed at the 1936 election, and started operations in 1937. Since benefits required at least 5 years of payments, a special progarm was included in 1937 to help old people who already were retired and who had high rates of poverty. |
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| − | The Social Security Act was drafted by President [[Franklin Delano Roosevelt]]'s committee on economic security, under Edwin E. Witte, and passed by Congress as part of the "New Deal." It was controversial when originally proposed, with one point of opposition being that it would cause a loss of jobs. Historians such as Edward Berkowitz subsequently contended that the Act was a cause of the "Roosevelt Recession" in 1937 and 1938. | + | The Social Security Act was drafted by President [[Franklin Delano Roosevelt]]'s committee on economic security, under Edwin E. Witte, and passed by Congress as part of the [[New Deal]]. It was controversial when originally proposed, with one point of opposition being that it would cause a loss of jobs. Historians such as Edward Berkowitz subsequently contended that the Act was a cause of the "Roosevelt Recession" in 1937 and 1938. |
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| | In 1956 the US Congress enacted the [[Medicare]] program which guaranteed affordable health care to citizens over the age of 65. A [[Medicaid ]] program was established to provide health care for those who could not afford private health insurance. | | In 1956 the US Congress enacted the [[Medicare]] program which guaranteed affordable health care to citizens over the age of 65. A [[Medicaid ]] program was established to provide health care for those who could not afford private health insurance. |
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| | * Some individuals will get "lazy" and choose not to work, only costing society. | | * Some individuals will get "lazy" and choose not to work, only costing society. |
| | + | ==Further reading== |
| | + | * Glenn, Brian J. and Steven M. Teles, eds. ''Conservatism and American Political Development'' (2009), two chapters on conservatives andSocial Security issues since 1930s [http://www.amazon.com/Conservatism-American-Political-Development-Brian/dp/0195373936/ref=sr_1_1?ie=UTF8&s=books&qid=1256562179&sr=1-1 excerpt and text search] |
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| | ==References== | | ==References== |
| | <references/> | | <references/> |
| | + | [[category:New Deal]] |