HIST 2057 Chapter : 14-Mar
Document Summary
Townsend old age pension plan- makes payments of 200 dollars a month to senior citizens. The idea being that they would quit their jobs so younger people can take them. The catch was you had to give up your job, and they had to spend their money before they got the next . This gets incorporated in the new deal as the social security. Every man a king (1933) - it was in this book. Share our wealth plan- it was a plan to redistribute money, by taking money from the rich and giving it to the poor by taxation. Take anything that people make over 1 million and you make sure that everyone in the government makes at least ,000. People would have a standard way of life. Reform and the second new deal: a remaking of the first new deal in language and terms that is acceptable to the supreme court.
