Word: spate
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Dates: during 1950-1959
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...many flunked it. As profits vanished, so did the pay-as-you-go pensions. Even the long-standing railroad plans faltered and had to be taken over by the Government.* When thousands of elderly workers finally realized the chilling fact that they would probably never find jobs again, a spate of fuzzy-brained solutions sprang up, e.g., the Townsend Plan, Upton Sinclair's E.P.I.C. (End Poverty in California). It was partially as a counterattack to them that federal Social Security-handled by the Government and paid for by both the employer & employee-was born...