Dmytro Mykhailov/Shutterstock.com

FEATURED EBOOKS
Pay for Performance: Its Time Has Come
Smart Cities: Beyond the Buzz
Future of the Army
Video: Is Social Security the Greatest Government Policy of All Time?

The program is often misunderstood.



On August 14, 1935, President Franklin D. Roosevelt signed the Social Security Act, which aimed to reduce poverty among the elderly.

Eight decades later, it is the one of the most effective anti-poverty programs in U.S. history. So, why do some people hate it?

Derek Thompson explains.