This past week marked 77 years ago that the Social Security Act (SSA) was signed into law by visionary Democratic president Franklin Delano Roosevelt. In honor of that historic occasion on August 14, 1935, Think Progress tweeted the link to Roosevelt’s statement upon signing the legislation. This is the partial text of his statement, followed by Think Progress’ photo of FDR. Thank you, FDR, for your compassion and your foresight:
“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.”
” … The law will flatten out the peaks and valleys of deflation and of inflation. It is, in short, a law that will take care of human needs … “