Why did Francis Townsend propose a new federal pension program? Check all of the boxes that apply.

Townsend proposed pensions because many older Americans lacked enough income to support themselves, and many had no job-based pension to rely on. His plan also required recipients to spend their pension money quickly and leave the workforce, which Townsend believed would create jobs for younger Americans. The claim that most Americans already had pensions and merely needed better coverage does not describe his main reasons.

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