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The Townsend Plan, officially the Old-Age Revolving Pensions (OARP) plan, was a September 1933 proposal by California physician Francis Townsend for an old-age pension in response to the Great Depression, leading to a social and political movement.
The Plan was organized by real estate salesman Robert Clements, who made Townsend only a figurehead while the Plan expanded to thousands of clubs in many states. Townsend was born just outside Fairbury, Illinois, where he is memorialized by a post office named in his honor.
This idea was later popularized by Francis Townsend in 1933, and the influence of the "Townsend Plan" movement on debate over social security persisted into the 1950s. [5] [6] Early debates on Social Security's design centered on how the program's benefits should be funded. Some believed that benefits to individuals should be funded by ...
In the 1930s, physician Francis Townsend galvanized support for his pension proposal, which called for the federal government to issue direct $200-a-month payments to the elderly. [99] Roosevelt was attracted to the general thinking behind Townsend's plan because it would provide for those no longer capable of working while at the same time ...
MSNBC host Symone Sanders and Shawn Townsend, known as Washington, D.C.’s former “night mayor,” tied the knot in an intimate The post Political power couple Symone Sanders, Shawn Townsend ...
Nov. 1—Every spring, a small songbird with a brilliant black and yellow face visits the Inland Northwest. Many bird watchers consider it a treat to catch even a glimpse of a Townsend's warbler ...
A Californian, Francis Townsend, proposed a plan offering compulsory retirement at age 60. In return, the Legislature would pay benefits of up to $200 a month, provided he spent it all quickly. Some Republicans supported the Townsend Plan but most experts said it would be impossible to finance.
QUINCY − A well-known downtown restaurant is reopening this weekend with a new name, a new chef, a new feel and a new menu. Formerly the Townshend, Dotty's Kitchen and Raw Bar will open with the ...