Answer: President Franklin D. Roosevelt– Statement on Signing the Social Security Act (August 14, 1935)
President Franklin D. Roosevelt, signing the Social Security Act (August 14, 1935) Photo Source and Key to Figures in photo:Â Social Security Administration website
Today a hope of many years’ standing is in large part fulfilled. The civilization of the past hundred years, with its startling industrial changes, has tended more and more to make life insecure. Young people have come to wonder what would be their lot when they came to old age. The man with a job has wondered how long the job would last.
This social security measure gives at least some protection to thirty millions of our citizens who will reap direct benefits through unemployment compensation, through old-age pensions and through increased services for the protection of children and the prevention of ill health.
We can never insure one hundred percent of the population against one hundred percent of the hazards and vicissitudes of life, but we have tried to frame a law which will give some measure of protection to the average citizen and to his family against the loss of a job and against poverty-ridden old age.
Source: “FDR’s Statements on Social Security”–Social Security Website
