President Franklin D. Roosevelt established Social Security to provide people with economic security and benefit programs as part of the Second New Deal in 1935. The Social Security Act provided old-age assistance (for example: cash pensions), unemployment compensation (or temporary cash payments), health programs for promoting welfare of children as well as public health services. President Roosevelt did so, since he aimed to create a more adequate social security system in order to fight against the hazards and vicissitudes of life.