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Social Security Spending

Monday, February 27, 2012

Talking with Davis about Money Matters

3 Odd Stories about Social Security

The ins and outs of Social Security, from Mansfield's Steve Davis.

Social Security touches the lives of almost every American family.  It not only provides income to retirees, but also to workers who become disabled, and families in which a spouse or parent dies.  But it wasn’t always this way.  Here’s what President Franklin Roosevelt said in a radio broadcast on the third anniversary of the Social Security Act in 1938, just a few years after the Great Depression and stock market crash left many older American penniless. “Long before the economic blight of the depression descended on the Nation, millions of our people were living in wastelands of want and fear. Men and women too old and infirm to work either depended on those who had but little to share, or spent their remaining years within the walls of…

Jen Vondenbrink

7:54 am on Tuesday, February 28, 2012

Great article Steve. I loved the bits of history about social security, especially the story about the wallet manufacturer. Wow!   more ›

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