Dr. Francis Townsend is a American physician best known for his revolving old-age pension proposal during the Great Depression. He also helped with the Social Security system.
no
Francis Townsend
Dr. Francis Townsend is a American physician best known for his revolving old-age pension proposal during the Great Depression. He also helped with the Social Security system.
Francis E. Townsend
Francis Townsend.
they are both demagogues
Isn't it evil to live backwards.
Francis E. Townsend.
Francis Townsend
The social security act
Francis Townsend proposed the Townsend Plan during the Great Depression, which aimed to provide financial support to the elderly. His idea was to give every American over the age of 60 a monthly pension of $200, funded by a national sales tax. Townsend believed this would not only help seniors but also stimulate the economy by encouraging spending. His plan gained significant popularity and influenced later social welfare programs, including Social Security.
Francis Townsend advocated for federal support for retired Americans in the 1930s because he believed that older Americans were not adequately provided for during the Great Depression. He proposed a pension plan where retired individuals over 60 would receive $200 a month to stimulate the economy and alleviate poverty among the elderly. Townsend's ideas influenced the creation of Social Security programs in the United States.