Economics: the American Government

Economics: The American Government Most of the problems of the United states are tie in to the economy. One of the major issues facing the country today is accessible credential. The United States was one of the last major industrialized nations to establish a social security system. In 1911, Wisconsin passed the first state workers salary law to be held constitutional. At that time, most Americans believed the government should not have to care for the developd, disabled or needy. But such(prenominal) attitudes changed during the Great Depression in the 1930s. In 1935, telling passed the affectionate Security Act. This law became the basis of the U.S. social insurance system. It provided hard currency benefits to only retired workers in commerce or industry. In 1939, Congress amended the act to benefit and dependent children of retired workers and widows and children of deceased workers . In 1950, the act began to ensure many farm and domestic workers, non professional self occupied workers, and many state and municipal employees. Coverage became nearly ordinary in 1956, when lawyers and other professional workers came under the system. Social security is a government program that helps workers and retired workers and their families achieve a degree of sparing security.

Social security besides called social insurance (Robertson p. 33), provides cash payments to help flip income lost as a result of retirement, unemployment, disability, or death. The program also helps pay the cost of medical care for people age 65 or older and for some disabled workers. About sixth of the people in the United States receive social security benefits. heap become eligible to receive benefits by working in a certain period in a job cover by social security. Employers and workers finance the program through payroll taxes. fight in the social security system is required for about 95 percent of all U.S. workers. Social security differs from public assistance. Social security pays benefits to... If you want to get a full essay, order it on our website: Ordercustompaper.com

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