Source: The Daily Economy
by David C Rose & Thomas Savidge
“On August 14, 1935, President Franklin D. Roosevelt signed the Social Security Act into law. The program was designed to give private sector retired workers old-age benefits. In the ninety years since, the program has grown in both size and scope. It is currently the single largest expenditure in the federal budget, and nine out of 10 Americans age 65 and older are receiving a Social Security benefit. But a just-released survey of 2,200 Americans from the Cato Institute shows that most know very little about how the Social Security program works.” (08/14/25)
https://thedailyeconomy.org/article/social-security-at-90-a-brief-history-of-americas-sacred-cow/