In a nationwide February 1934 radio broadcast, Long introduced his Share Our Wealth plan.Kennedy (2005) [1999], p. 238.Snyder (1975), p. 119. The legislation would use the wealth from the Long plan to guarantee every family a basic household grant of $5,000 and a minimum annual income of one-third of the average family homestead value and income. Long supplemented his plan with proposals for free college and vocational training, veterans' benefits, federal assistance to farmers, public works projects, greater federal economic regulation, a $30 monthly elderly pension, a month's vacation for every worker, a thirty-hour workweek, a $10 billion land reclamation project to end the Dust Bowl, and free medical service and a "war on disease" led by the Mayo brothers.Amenta (1994), pp. 679–80. These reforms, Long claimed, would end the Great Depression.Amenta (1994), p. 680. The plans were widely criticized and labeled impossible by economists.Jeansonne (1989), p. 383.Kennedy (2005) [1999], pp. 238–39.
In a nationwide February 1934 radio broadcast, Long introduced his Share Our Wealth plan.Kennedy (2005) [1999], p. 238.Snyder (1975), p. 119. The legislation would use the wealth from the Long plan to guarantee every family a basic household grant of $5,000 and a minimum annual income of one-third of the average family homestead value and income. Long supplemented his plan with proposals for free college and vocational training, veterans' benefits, federal assistance to farmers, public works projects, greater federal economic regulation, a $30 monthly elderly pension, a month's vacation for every worker, a thirty-hour workweek, a $10 billion land reclamation project to end the Dust Bowl, and free medical service and a "war on disease" led by the Mayo brothers.Amenta (1994), pp. 679–80. These reforms, Long claimed, would end the Great Depression.Amenta (1994), p. 680. The plans were widely criticized and labeled impossible by economists.Jeansonne (1989), p. 383.Kennedy (2005) [1999], pp. 238–39.