Lori K. Parham


This is a rebroadcast of an earlier show (original air date August 17, 2020); no calls will be taken.

The solvency of Social Security is certain to be a major topic in the upcoming election.  We’ll discuss how and why Social Security was implemented 85 years ago (When FDR signed legislation enacting Social Security, on 8/14/1935, he said, “We have tried to frame a law which will give some measure of protection to the average citizen and to his family against the loss of a job and against poverty-ridden old age.”) We’ll learn how the social welfare program is funded, and how the recession/unemployment/the pandemic is impacting current (and future) beneficiaries of the program.