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History Of Social Security In The United States
A limited form of the Social Security program began as a measure to implement "social insurance" during the Great Depression of the 1930s, when poverty rates among senior citizens exceeded 50 percent. The Social Security Act was enacted . The Act was drafted during President Franklin D. Roosevelt's first term by the President's Committee on Economic Security, under Frances Perkins, and passed by Congress as part of the New Deal. The Act was an attempt to limit what were seen as dangers in the modern American life, including old age, poverty, unemployment, and the burdens of widows and fatherless children. By signing this Act on August 14, 1935, President Roosevelt became the first president to advocate federal assistance for the elderly.Achenbaum, Andrew (1986). Social Security Visions and Revisions. New York: Cambridge University Press. p. 25-6. The Act provided benefits to retirees and the unemployed, and a lump-sum benefit at death. Payments to current retirees are financed by a ...
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Signing Of The Social Security Act
Signing or Signed may refer to: * Using sign language * Signature, placing one's name on a document * Signature (other) * Manual communication, signing as a form of communication using the hands in place of the voice * Digital signature, signing as a method of authenticating digital information * Traffic sign Traffic signs or road signs are signs erected at the side of or above roads to give instructions or provide information to road users. The earliest signs were simple wooden or stone milestones. Later, signs with directional arms were introduc ..., a road with a sign identifying is considered ''signed'' See also * Wikipedia:Sign your posts on talk pages, the Wikipedia policy of signing Talk pages {{disambig ...
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University Of Wisconsin–Madison
The University of Wisconsin–Madison (University of Wisconsin, Wisconsin, UW, UW–Madison, or simply Madison) is a public land-grant research university in Madison, Wisconsin, United States. It was founded in 1848 when Wisconsin achieved statehood and is the flagship campus of the University of Wisconsin System. The main campus is located on the shores of Lake Mendota; the university also owns and operates a arboretum south of the main campus. UW–Madison is organized into 13 schools and colleges, which enrolled approximately 34,200 undergraduate and 14,300 graduate and professional students in 2024. Its academic programs include 136 undergraduate majors, 148 master's degree programs, and 120 doctoral programs. Wisconsin is one of the founding members of the Association of American Universities. It is considered a Public Ivy and is classified as an R1 University. UW–Madison was also the home of both the prominent "Wisconsin School" of economics and diplomatic h ...
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Old Age Pensions
A pension (; ) is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be either a "defined benefit plan", where defined periodic payments are made in retirement and the sponsor of the scheme (e.g. the employer) must make further payments into the fund if necessary to support these defined retirement payments, or a "defined contribution plan", under which defined amounts are paid in during working life, and the retirement payments are whatever can be afforded from the fund. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms "retirement plan" and "superannuation" tend to refer to a pension granted upon retirement of the individual; the terminology vari ...
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Unemployment Insurance
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is the proportion of people above a specified age (usually 15) not being in paid employment or self-employment but currently available for work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). Unemployment can have many sources, such as the following: * the status of the economy, which can be influenced by a recession * competition caused by globalization and international trade * new technologies and inventions * policies of the government * regulation and market * war, civil disorder, and natural disasters Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetary authority of a country, such as the central bank, can in ...
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Los Angeles Times
The ''Los Angeles Times'' is an American Newspaper#Daily, daily newspaper that began publishing in Los Angeles, California, in 1881. Based in the Greater Los Angeles city of El Segundo, California, El Segundo since 2018, it is the List of newspapers in the United States, sixth-largest newspaper in the U.S. and the largest in the Western United States with a print circulation of 118,760. It has 500,000 online subscribers, the fifth-largest among U.S. newspapers. Owned by Patrick Soon-Shiong and published by California Times, the paper has won over 40 Pulitzer Prizes since its founding. In the 19th century, the paper developed a reputation for civic boosterism and opposition to Trade union, labor unions, the latter of which led to the Los Angeles Times bombing, bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. As with other regional newspapers in California and the United Sta ...
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Thomas Gore
Thomas Pryor Gore (December 10, 1870March 16, 1949) was an American politician who served as one of the first two United States senators from Oklahoma, from 1907 to 1921 and again from 1931 to 1937. He first entered politics as an activist for the Populist Party, and continued this affiliation after he moved to Texas. In 1899, just before moving to Oklahoma Territory to practice law in Lawton, he formally joined the Democratic Party and campaigned for William Jennings Bryan. In the Senate, his anti-war beliefs caused him conflict with Democratic presidents Woodrow Wilson and Franklin D. Roosevelt. Gore lost his eyesight during his youth. He was the maternal grandfather of noted author Gore Vidal. Early life Gore was born on December 10, 1870, near Embry, Mississippi in Webster County, the son of Caroline Elizabeth (née Wingo) and Thomas Madison Gore.
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Frederick Hale (US Senator)
Frederick Hale (October 7, 1874September 28, 1963) was the United States senator from Maine from 1917 to 1941. He was the son of Eugene Hale and the grandson of Zachariah Chandler, both also U.S. senators. He was the brother of diplomat Chandler Hale, and the cousin of U.S. Representative Robert Hale. Biography Hale was born on October 7, 1874, in Detroit, Michigan, to Eugene Hale. He attended the Lawrenceville School, and graduated from Groton School in 1892. He graduated from Harvard University in 1896 and attended Columbia Law School in New York City from 1896 to 1897. He was admitted to the bar and commenced the practice of law in Portland, Maine, in 1899. Hale was a Republican member of the Maine House of Representatives, 1905–1906; and a member of the Republican National Committee, 1912-1918. In 1916, he was elected as a Republican to the United States Senate, defeating incumbent Democrat Charles Fletcher Johnson to reclaim the Senate seat that had been held by his f ...
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Socialism
Socialism is an economic ideology, economic and political philosophy encompassing diverse Economic system, economic and social systems characterised by social ownership of the means of production, as opposed to private ownership. It describes the Economic ideology, economic, Political philosophy, political, and Social theory, social theories and Political movement, movements associated with the implementation of such systems. Social ownership can take various forms, including State ownership, public, Community ownership, community, Collective ownership, collective, cooperative, or Employee stock ownership, employee.: "Just as private ownership defines capitalism, social ownership defines socialism. The essential characteristic of socialism in theory is that it destroys social hierarchies, and therefore leads to a politically and economically egalitarian society. Two closely related consequences follow. First, every individual is entitled to an equal ownership share that earns an ...
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Princeton University Press
Princeton University Press is an independent publisher with close connections to Princeton University. Its mission is to disseminate scholarship within academia and society at large. The press was founded by Whitney Darrow, with the financial support of Charles Scribner, as a printing press to serve the Princeton community in 1905. Its distinctive building was constructed in 1911 on William Street in Princeton. Its first book was a new 1912 edition of John Witherspoon's ''Lectures on Moral Philosophy.'' History Princeton University Press was founded in 1905 by a recent Princeton graduate, Whitney Darrow, with financial support from another Princetonian, Charles Scribner II. Darrow and Scribner purchased the equipment and assumed the operations of two already existing local publishers, that of the ''Princeton Alumni Weekly'' and the Princeton Press. The new press printed both local newspapers, university documents, '' The Daily Princetonian'', and later added book publishing ...
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Townsend Plan
The Townsend Plan, officially the Old-Age Revolving Pensions (OARP) plan, was a September 1933 proposal by California physician Francis Townsend for an old-age pension in response to the Great Depression, leading to a social and political movement. At its peak, the OARP advocacy group claimed more than 750,000 members. The movement demonstrated nationwide demand for old-age pensions, leading Congress and President Franklin D. Roosevelt to adopt a national Social Security policy, though Townsend's original plan called for greater benefits to a greater number of people than Social Security provided for. Origins The Townsend movement began in September 1933 when Dr. Francis Townsend, a California physician, first published his plan for an Old-Age Revolving Pension (OARP) in a letter to the editor of his local newspaper, the ''Long Beach Press-Telegram''. According to Townsend's 1943 memoir, his plan originated when he saw two old women, dressed in tattered clothes, picking through ...
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Francis Townsend
Francis Everett Townsend (; January 13, 1867 – September 1, 1960) was an American physician and political activist in California. In 1933, he devised an old-age pension scheme to help alleviate the Great Depression. Known as the "Townsend Plan", this proposal would pay every person over age 60 $200 per month, with the requirement it all be spent quickly. It was never enacted but the popularity of the Plan influenced Congress to start the Social Security system, which involved much smaller amounts. The Plan was organized by real estate salesman Robert Clements, who made Townsend only a figurehead while the Plan expanded to thousands of clubs in many states. Townsend was born just outside Fairbury, Illinois, where he is memorialized by a post office named in his honor. Life and career Francis Everett Townsend was born the second of six children on January 13, 1867, in Fairbury, Illinois. After Townsend contracted swamp malaria as an infant, the Townsend family moved to Nebras ...
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