Social Security Changes

Throughout the United States’ history, there has been a substantial amount of events leading to one another… Some of these events have caused a series of positive outcomes, while others have led the country in a downhill slope. Many of these occurrences throughout the nation’s history have economically, statistically, and emotionally changed the future of the States. It can be argued by many different sides which of these many events have affected the country most positively.

In my opinion, I believe that the creation and innovation of Social Security has made the biggest impact on the future of the United States, and has affected the many different ways of the nation. The Social Security Act of 1935 was passed and signed by the current president

Many of the programs of The New Deal have evened out the distress levels of poverty. The insufficient income levels were evened out with the passing of an act on having a minimum wage, people were also given jobs, and they lastly got their homes back… but out of these results from the New Deal programs, the Social Security Act gave the most back; it gave people, who were not as fortunate as others, extra money to get out of being impoverished. So, in the census of the poverty rates; the elderly, the disabled, and anyone else not fully able; were not accounted for in the impoverished because they were presented with an ability to receive Social Security. Graph #1 show how high the unemployment rates were during the peak of the Great Depression, and then it shows how slowly, they are brought back down to normalcy. Gradually the economy is correcting back to what it used to be, before the Great Depression, and before the act on Social Security came in and fixed the poverty levels. In the graph, it shows that in the time that President Roosevelt was elected into office, is when the unemployment rates were brought down to a reasonable level, and at a steady rate. When President Roosevelt was elected in office, he made many implements in attempting to help raise the United States out of the Great Depression. One of these changes made was the enactment of the New

From the time around the near end of the Great Depression, poverty levels were extremely high and were a major difference from today’s economic levels of poverty. Even when the War on Poverty started to come around, in the mid-to-late 1960s, the drop in this poverty was an immense difference from that of the time around the end of the Great Depression. With these drastic statistical changes in this aspect, made since the time of the Great Depression, it is from Social Security and its key impact on the economy. The major spikes in the percentages of the impoverished population of the impoverished, shown in Graph #2, are in grave economic times such as major and minor recessions in the economy throughout the years, but in a self-correcting environment these spikes eventually level themselves out, as Graph #2 shows; by the way the graph evens the sudden disrupts