American Government-Economics

Most of the problems of the get together states are related to the economy. one(a) of the major issues facing the country today is brotherly security. The join States was one of the last major industrialized nations to establish a favorable security system. In 1911, Wisconsin passed the first state workers requital law to be held constitutional. At that time, most Americans believed the regime should non have to distribute for the boardd, disabled or needy. scarce such(prenominal) attitudes changed during the Great Depression in the 1930s. In 1935, relation passed the neighborly Security Act. This law became the basis of the U.S. tender insurance system. It provided hard cash benefits to merely retired workers in commerce or industry. In 1939, Congress amended the act to benefit and mutually beneficial children of retired workers and widows and children of dead soul workers . In 1950, the act began to cover many farm and home(prenominal) workers, non paid self em ployed workers, and many state and municipal employees. reportage became tight universal in 1956, when lawyers and other professional workers came infra the system. accessible security is a government program that garters workers and retired workers and their families strive a degree of economic security. Social security likewise called sociable insurance (Robertson p.

33), provides cash payments to help replace income lost(p) as a result of retirement, unemployment, disability, or death. The program besides helps pay the cost of medical care for people age 65 or older and for some(a) disabled workers. About sixth of the people in the United States get word kind security benefit s. People become eligible to receive benefi! ts by working in a certain consummation in a job covered by social security. Employers and workers finance the program through payroll taxes. Participation in the social security system is required for about 95 percent of... If you want to get a full essay, swan it on our website: OrderEssay.net

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