On his first day in the White House, Roosevelt declared a nationwide bank holiday, which called for every bank to close for four days. That very night, Roosevelt had the first of his many fireside chats, which were “radio addresses aimed to educating the public, soothing fears, and restoring the confidence and optimism of a nation that had little left” (Davis 431). He also called for an emergency session of Congress. From March 9 to June 16 was forever known as the “First Hundred Days”; during this time period, …show more content…
With improved living conditions and innovative medical discoveries, Americans have been living longer than ever; the life expectancy of an average American is almost eighty years old. Not only that, but Americans are also having less children and retiring at early ages. Because of these factors, individuals are utilizing Social Security funds more quickly than ever before; it is predicted that Social Security will exhaust its funds by 2034. The end of Social Security will be injurious to those, such as retirees and the disabled, who are currently relying on the agency. As a result, many argue that Social Security will no longer exist when Generation Y reaches retirement