Word: socialism
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Dates: during 1930-1939
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...Folks. The political failure of Social Security is that after more than three years of the Act designed to eliminate the insecurity of the aged, insecure oldsters are still making and breaking politicians, still rank as a prime U. S. political problem. By & large another provision of the Act, its program of unemployment insurance, has functioned to the satisfaction of participants who have drawn out $400,000,000 in unemployment benefits since the program started operation. But for old folks, Social Security, which will not begin paying monthly old-age insurance benefits for those over 65 until 1942, is still...
...axiom in the insurance business that insurance is not bought but sold. In 1935 Franklin Roosevelt sold Congress and Congress sold the U. S. the Social Security Act, the biggest, most comprehensive, most expensive mass insurance policy ever written. Since then its purchasers, the nation's taxpayers, have had occasion to read their policy carefully and, if they have detected no outright jokers, their reaction has been such that practically every politician in the U. S. from Franklin Roosevelt down has put revision of Social Security at the top of his must list. Last week, as the House Ways...
Altmeyer. First witness was the Social Security Board's scholarly Chairman Arthur J. Altmeyer. Chairman Altmeyer's job was to present to the committee the revisions proposed by President Roosevelt's official Advisory Council on Social Security and additional suggestions of the board, which were received and approved by the White House last month. With little elaboration, Mr. Altmeyer passed on a recommendation that the coverage of the Act be extended to seamen, domestic servants, employes of educational and charitable institutions and other groups that would add 6,000,000 to the board's present clientele...
...iron is now hot. Attacks on the Social Security Act, and more particularly on the unwieldy reserve fund which is already accumulating, have built up the all-important political atmosphere. Appalled by the spectre of $47,000,000,000 falling into the hands of American Senators and Representatives, economists and political scientists have led the movement to revise the Act itself, and so successful has this movement been that political expediency now demands compliance. Realizing this fact, a New Deal advisory heard, the Social Security Council, has been examining ways and means of revision, and recently recommended more liberal benefits...
...shows, which drag along "until exhausted," feature 16 girls, some of them "too late for Social Security," others introduced as "from the House of the Good Shepherd," Baltimore's home for delinquent females. For ensemble acts, the chorines, seated around the room, suddenly pull off their evening gowns and, with very little on, flounce into their routines. After each specialty act, the audience is warned that the next one will be worse. Two husky bruisers, "Machine Gun Butch" Gardina and "Little" Jack Horner, 6 ft. 6, preserve order...