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Social Security had roots in doctor's proposal  view story
Tuesday, April 5, 2005
Eric Black - - Minneapolis Star Tribune
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In 1933, at the height of the Great Depression, a tall, skinny, bespectacled doctor named Francis Townsend saw three destitute old women in the alley near his California home rummaging through garbage cans for food.
Horrified by the idea that millions of American seniors were reduced to similar circumstances, Townsend hatched an idea intended to eradicate the stratospheric poverty rate (more than 50 percent) among elderly Americans and stimulate a recovery of the U.S. economy through a massive infusion of consumer spending.
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