"Indeed, I think most Americans now know that in 1935 when Social Security was created, there were some 42 Americans working for every American collecting retirement benefits"
About this Quote
The specific intent is to reframe Social Security from moral compact to math problem. “Created” invokes New Deal legitimacy, but the number immediately undercuts that legitimacy by making it sound like an outdated bargain no rational person would renew. The subtext is a familiar fiscal narrative: aging population, fewer workers, more retirees, and the quiet suggestion that benefits must shrink, eligibility must move, or privatization becomes “realistic.” Notice what’s missing: wages, productivity, policy choices, and the fact that Social Security is funded primarily through payroll taxes that Congress can adjust. Demography is presented as destiny, politics as mere bookkeeping.
Context matters too. 1935 wasn’t just a year with a favorable worker-to-beneficiary ratio; it was a moment when old age poverty was a national crisis and Social Security was built in phases, with early cohorts receiving benefits after relatively few years of contributions. Citing the 42-to-1 ratio leans on nostalgia for a simpler arithmetic while sidestepping the program’s actual purpose: stabilizing lives when markets and families can’t.
Quote Details
| Topic | Retirement |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Shadegg, John. (2026, January 17). Indeed, I think most Americans now know that in 1935 when Social Security was created, there were some 42 Americans working for every American collecting retirement benefits. FixQuotes. https://fixquotes.com/quotes/indeed-i-think-most-americans-now-know-that-in-62816/
Chicago Style
Shadegg, John. "Indeed, I think most Americans now know that in 1935 when Social Security was created, there were some 42 Americans working for every American collecting retirement benefits." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/indeed-i-think-most-americans-now-know-that-in-62816/.
MLA Style (9th ed.)
"Indeed, I think most Americans now know that in 1935 when Social Security was created, there were some 42 Americans working for every American collecting retirement benefits." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/indeed-i-think-most-americans-now-know-that-in-62816/. Accessed 12 Feb. 2026.
