Discuss the history of social security, its effectiveness at inception compared to the present, and the future of Social Security. In addition, apply your knowledge and opinion to this question: Would you try to ensure the future of Social Security? If yes, what approach would you take and why? If no, what would you implement in its place, how, and why?© BrainMass Inc. brainmass.com October 17, 2018, 2:51 am ad1c9bdddf
President Franklin D. Roosevelt created the social security program in 1934 to address the needs of the elderly. It is based on several core principles that originated in Europe in the early 1900s. Social insurance was not a new idea; more than 30 nations already had a similar program in place by the time the U.S. created one in 1935. The first core principle it is based on is the insurance principle. In this principle, individuals are insured against a defined risk. The second principle is that this insurance would be provided within a social element. This meant that the program's objectives and goals would be shaped by broad social objectives. So, social security was created to insure individuals for old-age and retirement because these situations would create a loss of income for the individuals in our country.
The Social Security Act was signed into law in 1935. It had two major provisions in relation to the financial problems faced by the elderly. Based on this law, the primary worker of a household would receive benefits when he/she retired at age 65. Payments were based on tax contributions that the worker made during his/her working life. This new social insurance program was intended to minimize the long-range ...
What is the history of social security? How has it changed during the past few years? Is it a successful program worth saving/
Social problem in need of solution in the next 5 years: Idea memo, Execution plan
There are lots of social problem in need of solutions (areas such as energy, environment, poverty, literacy, empathy to name a few). The question guiding this assignment is: in the next 5 years, what would you change to make the world a better place? What you would like to see happen & how do you plan to get there?
In other words, pick a social need/problem (in your local community or at a more global level) that you think needs to be addressed. It is up to you to identify and define the boundaries and scope of the social need. What can design, develop, create, etc to provide some type of temporary or longer term solution to resolve this need?
The Professor will be awarding points for needs that are novel, bold, original, valuable and interesting. To assess whether the need you identify meets some of these criteria, ask yourself- dose what I want to address or change deal with a particular social need in a new and original way?( think Kiva or Grameen here)
The assignment is structured in two parts- an idea memo and a paper.
1. Idea Memo: - Describe the social need that you want to address. Specifically, I want you to identify the specific social need and describe it. In other words, what is the problem, its importance and justify why it is indeed something that needs to be addressed ( what is not working now)-
Tell me about your recommended idea- it must be.....
Section 1: Idea
Using the content from your idea memo, describe the social need that you want to address in greater detail.
Section 2: Execution Plan
How would you go about implementing your idea using content you learned in this course (Strategy Implementation & Transformation)
Provide an action plan
Identify Critical Obstacles
Key Success Factors
Whose help/buy-in will you need?
What resources will be critical?
How will you assess impact?
Apply course content (insights from the classes, relevant course readings) explicitly wherever possible. Each paper must have the following format(double-spaced, 12 pt Times New Roman font, one inch margins.
The paper will be graded on the following criteria:
1. Originality of solution- 20%
2. Application of course content- 30%
3. Soundness and viability of plan- 40%
4. Writing, Flow, Grammar, Presentation- 10%