Beginning in the early 20th century, the infiltration of Socialism/Progressives into American politics became strong. And Progressives such as Teddy Roosevelt, Woodrow Wilson, and Franklin D. Roosevelt were elected and pushed many socialist schemes into place. One such scheme was Social Security Insurance (SSI).
The idea of Social Security “Insurance” itself came from Germany, then a National Socialist Party (NAZI), government:
“By 1935, President Franklin Roosevelt embraced the German idea that there should be government-run “social insurance.” That wasn’t legitimate insurance, where participants have a contract, they pay premiums based on their life expectancy, the premiums are used to make productive investments that will cover the benefits, and the participants and their heirs have a property right to receive benefits that have been paid for. As the Supreme Court later affirmed in Flemming v. Nestor (1960), nobody has a contractual right to receive specific Social Security benefits — Congress can change benefit formulas at any time. Continue reading