Share Our Wealth
Proposed American 1930s wealth distribution idea / From Wikipedia, the free encyclopedia
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Share Our Wealth was a movement that began in February 1934, during the Great Depression, by Huey Long, a governor and later United States Senator from Louisiana.[1] Long first proposed the plan in a national radio address, which is now referred to as the "Share Our Wealth Speech".[2] To stimulate the economy, the Share Our Wealth program called for massive federal spending, a wealth tax, and wealth redistribution. These proposals drew wide support, with millions joining local Share Our Wealth clubs. Roosevelt adopted many of these proposals in the Second New Deal.