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"Townsend Weekly" Cartoon- May 25, 1940

cartoon showing Social Security shortchanging the elderly

 
This cartoon, from the Townsend Plan's "Weekly" newspaper, expresses the group's main objection to Social Security--that it was not generous enough in the benefits it offered. The Townsend Plan promised every senior citizen $200 per month , regardless of past earnings. Under the social insurance program of the Social Security Act a worker whose earnings averaged $100 month for 40 years would collect a Social Security retirement benefit of only $35 month. This gave the Townsend Plan an immediate appeal, which is reflected in the cartoon. (Keep in mind, however, that economists estimated it would require one-half of the nation's total income to fund the level of benefits promised by Townsend!) 
 
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