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Francis townsend advise federal support for retired individuals in the Thirties because he retired with simplest $100 stored
The Townsend Plan proposed that everybody over 60 be paid $200 per month. The antique-Age Revolving Pension fund turned into to be supported via a 2% countrywide income tax.
Townsend believed that people in older age might now not be able to discover away to find jobs to preserve their living due to the deteriorating mental and bodily talents. because of this, he encouraged for a federal assist for retired individuals to be brought in Roosevelt reform.
Francis Townsend, a former public health official, he proposed that the federal government pay citizens over age 60 a pension of $200 greenbacks a month, he believed this plan would growth spending and get rid of humans shape the exertions pressure, freeing up jobs for the unemployed. His formation of "Townsend golf equipment" helped stress the authorities into growing social protection. employees bargaining with employers. employers spying on personnel.
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