Detailed text transcripts for TV channel - MSNBC - 20140313:18:54:00
Called the great compression, from the new deal through the late 1970s which saw the biggest expansion of the middle class. when unions set a floor under wages and government set a floor under want. instituting things like child labor laws, the 40-hour workweek and the minimum wage. when the notion that if you pay workers more, they can afford to buy more. and that means businesses make more and hire more. that did more to end poverty than anything ian rand thought up. repealing that government ...
Great Compression Child Labor Laws Culture Didnt Cause Poverty Ian Rand Minimum Wage African Americans
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