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Social Insecurity

Social Insecurity: The Future Of The Retirement Safety Net
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Laura Rowley is a journalist, author and digital media consultant.

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Social Security was created after the Great Depression in an effort to ensure that the nation's aging population would be protected from financial calamity. By design, Social Security benefits were not created by Congressional appropriations. (President Franklin D. Roosevelt famously said that this approach ensured that "no damn politician can ever scrap my Social Security program.") Rather, the system established a way for working people to pay for the benefits of the retired.

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