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Essay / Research Paper Abstract
A 3 page review of the history of the Social Security System. The author emphasizes that while the system has proven invaluable to some of the less fortunate of our society, it has proven to be a chain and ball for those that continue to struggle to make the ends meet.
Page Count:
3 pages (~225 words per page)
File: AM2_PPSocSe2.rtf
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Unformatted sample text from the term paper:
The governmental program we know as Social Security has greatly impacted American lives over the last
seventy years. The program has, however, been characterized by a number of changes. The U.S. Social Security Act was enacted August 14, 1935 as the indirect result of
the significant social and economic changes which came about over our history. The initial provisions of the Act provided insurance that those who performed a productive role in the American
workforce would have an income that would support them in their so-called golden years. Subsequent revisions of the Act have expanded it to cover not just retired workers but
also their spouses and surviving minor dependents. American life has been influenced greatly by this one legislative act. Today, however, that influence is becoming as much negative as
positive as American workers devote a greater and greater percentage of their incomes in the form of taxes to support a disproportionately large percentage of our population that is eligible
for Social Security. Perhaps the most important influence of the early Social Security program was to restore security by those that had lost
it as a result of changing lifestyles associated with their changing occupations. As families were broken up by the move to the cities that came with the Industrial Revolution,
extended families (families in which several generations lived together and took responsibility for one another) became a thing of the past and the elderly often found themselves growing older without
the supportive structure of their families to care for them in their old age. Too often these aged individuals found themselves with no income or savings and the resulting
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