(The Progressive) -- Today is the 70th birthday of the Social Security Act.
On August 14, 1934, The Progressive wrote about President Franklin Delano Roosevelt's New Deal victory in securing real income security for
Americans in the aftermath of the Great Depression caused by the Wall Street crash of 1929. (A copy of that story about this historic law can be downloaded below.) As detailed in that story, the bill did not pass Congress unanimously and was attacked by the rightwing of that era.
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For seven decades, Social Security has been under attack by opponents who consider government-guaranteed pensions for Americans to receive as they get older or if they become disabled.
It is one of the most successful and most popular government programs in American history.
For more than 30 years, opponents of Social Security have peddled the lie that the Social Security Trust Fund is going bankrupt or is nearly insolvent.