Posted at Hartmann Report on May. 4, 2025
Chapter 3: What it takes to build a middle class: The Hidden History of the American Dream
FDR built America’s first truly large and robust middle class by passing the National Labor Relations Act (the “Wagner Act”)[xxxviii] that legalized and gave federal protection to unions and their members, while putting jobless Americans back to work with a variety of three- and four-letter federal agencies (referred to at the time as “the alphabet agencies”) that ultimately spent over $3 billion to lift over 20 million people out of unemployment and poverty.
They principally included a number of programs that Republicans mercilessly attacked as “socialism”.