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August 14 - A Little Security for Workers
On this day in Labor History the year was 1936.
That was the day that President Franklin Delano Roosevelt signed the Social Security Act into law.
The act was a key piece of the President’s “New Deal” a series of federal programs responding to the ravages of the Great Depression.
Social Security would provide an income for retirees and the disabled, to ensure they did no slide into complete destitution.
On signing the bill, President Roosevelt, known for delivering memorable speeches, addressed the press.
He said, “Today, the hope of many years’ standing in large part fulfilled. The…
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