In this weeks installment, I present Social Security’s history. Believe it or not the program’s roots can be traced back to Germany in the late 1800s as Germany was the first country to establish an old-age retirement social program. Social Security was signed into law fifty or so years later during the Great Depression and subsequently grew to become the largest US social program. However, beginning in the 1970s, it began to struggle to support itself financially and the program still faces these financial woes today. Hope you find this informative!
A Concise History of Social Security
A Concise History of Social Security
A Concise History of Social Security
In this weeks installment, I present Social Security’s history. Believe it or not the program’s roots can be traced back to Germany in the late 1800s as Germany was the first country to establish an old-age retirement social program. Social Security was signed into law fifty or so years later during the Great Depression and subsequently grew to become the largest US social program. However, beginning in the 1970s, it began to struggle to support itself financially and the program still faces these financial woes today. Hope you find this informative!