Avoids the question of who started the ponzi. I recall LBJ, but welcome facts to the contrary.
My posting of the headline was intended to be humorous. However, humor is most effective when there is an underlying truth in the point of the joke.
Yes, Roosevelt did start Social security, which has developed into a massive ponzi or pyramid scheme to disenfranchise taxpayers of a sizable portion of their earnings.
It was not my intention to get into a serious discussion here, but it appears that you would like to. I am not being flippant or intending to avoid the discussion with you, but in all seriousness, if you want to learn more of how FDR's first two terms were used by him to boost socialist type programs, award and penalize friends or enemies, and was a complete economic disaster, I would advise you to read the book referenced below. I have and it is an eyeopener.
For example:
** Worse year of the depression? 1937. After five years of Roosevelt we were worse off then under Hoover (1929-1932)
** Bank closures in Canada? zero. In the USA? Hundreds. Why? Partial answer: FDR did not follow or encourage banking solutions as practiced in Canada (this was changed much later).
I would encourage you to spend the $18.15 and read the book. After doing so, you may change your mind on FDR.
Take Care