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This day in 1944: FDR builds the middle class, creates upward mobility

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mediaman007 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-22-07 06:00 AM
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This day in 1944: FDR builds the middle class, creates upward mobility
Keillor's notes speak for themselves. The Freepers and NeoCons will have a hard time belittling this legislation. It probably did more for the Freepers than they would admit. Not because they served, but rather because their parents did.



June 22,

From The Writer's Almanac with Garrison Keillor:

...

The law was originally designed as unemployment compensation for returning veterans, in case there weren't a lot of jobs available at the end of the war. A congressional committee threw in the idea that veterans should get money to go to college if they wanted to.

Even the supporters of the bill didn't think very many GIs would really want to go to college. Most of the soldiers came from working-class families, and there was no reason to think they wouldn't go back to those same working-class jobs on farms and in factories. Experts predicted maybe 8 to 12 percent of veterans would actually use the money for higher education.

In fact, about a million veterans applied for the money within the first year after the war, and ultimately 2.2 million veterans used the money to obtain higher education, many of them becoming the first members of their families to receive a college diploma. Before the war, about 10 percent of Americans attended college. After the war, that figure rose to about 50 percent.

And contrary to most expectations, the grade-point averages at most colleges went up with the influx of veterans, and dropout rates went way down. Professors at the time said that the veterans were the most serious and disciplined students they'd ever seen. The cost to taxpayers for the GI Bill was about $5.5 billion, but the result was 450,000 engineers, 240,000 accountants, 238,000 teachers, 91,000 scientists, 67,000 doctors, 22,000 dentists, 17,000 writers and editors, and thousands of other professionals. It helped spur one of the greatest economic booms in American history.

http://writersalmanac.publicradio.org/
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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-22-07 06:24 AM
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1. January 20th, 1981.
Reagan and his crackpot staff systematically begin to dismantle the working and middle classes via supply-side economics (meaning, "middle class, you'll be 'supplying' OUR side. Heh heh heh"), marking a return to robber-baron wealth inequity that widens with each passing year. This trend will continue throughout the 20th century and into the new millennium, with a slight breather between 1995 and 1999.
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mediaman007 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-22-07 06:51 AM
Response to Reply #1
2. and the middle class Republics continue to vote for their party, not
for their national interests.
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BlueJazz Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-22-07 07:01 AM
Response to Original message
3. Yep...Most of the Democratic Presidents have tried to lift ALL boats...
..to the status of monetary happiness and wealth.

...It seems like the Republican Presidents (Except Ike), favor a
300,000 ton warship sinking everybody who doesn't already own a Yacht!
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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-22-07 07:14 AM
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4. What has GOP done for workers? by CLINT C. GOLD
WHAT HAS GOP DONE FOR WORKERS?

CLINT C. GOLD
10/24/1999
Tulsa World


Not too long ago, my wife and I attended a TV football
party in south Tulsa. With a lopsided score, the
conversation turned to a livelier subject -- politics. The
crowd was, of course, top-heavy with Republicans. With each
point expressed their faces became more flushed, eyes
bulging a little more and veins popping in their foreheads
as they railed against the liberal programs.

Finally a lone, liberal voice asked: "Will you people
name me one bill your party ever passed to help the working
man of this country?" The question created much din and
clamor, and someone sputtered, "Well, what have the
Democrats done?"

The liberal responded with a few programs and was
interrupted by howling and disdain. He noted that he had
not promised they would like the programs and he asked to
complete his statement -- a difficult task to ask of
Republicans.

He spoke of Social Security; Medicare-Medicaid; Peace
Corps; unemployment insurance; welfare (for the poor and
corporate); civil rights; student grant and loan programs;
safety laws (OSHA); environmental laws; prevailing wage
laws; right to collective bargaining (which brought about
paid medical insurance, paid vacations, pensions, etc.);
workers' compensation; Marshall Plan; flood-disaster
insurance; School Lunch Program; women's rights.

He spoke of the Fair Labor Standards Act, which
established a minimum wage, instituted child labor laws,
and set up time-and-a-half pay for over a 40-hour week.

He mentioned FHA-HUD with its public housing, urban
renewal and 44 million residential homes (before WWII
almost 70 percent of our nation were renters; by the 1970s
this had been reversed). And farm-conservation
subsidies -- USDA programs, Farmers Home Administration (the
bankers didn't want to make rural loans), small
flood-control lakes (more than 3,000 in Oklahoma alone),
rural water districts, rural electricity (REA).

The GI Bill was passed, which the Republicans at the
time bitterly opposed. They were salivating over millions
of returning veterans to hire as cheap labor. More than
8 million have used college benefits, creating millions of
entrepreneurs; most of us had never dreamed of college. For
the unemployed GI, there was $20 a week for 52 weeks to
help get started (a lot of money in those days). The
Veterans Administration provided more than 2 million home
loans.

For the bankers at the football party, it was pointed
out that the liberals saved their industry with the
creation of FDIC and FSLIC, insuring their deposits, and
saved Wall Street with the establishment of the Securities
Exchange Commission.

The oil men came on bended knees to FDR at a time when
East Texas oil was 4 cents a barrel and begged him to save
their industry. He did; prorationing overturned the rule of
capture and the days of flush production were over.
Prorating has served this great industry (and nation)
well.


And the list went on and on, but of course this group
didn't let him get halfway through. He noted they were
weary, inattentive, so again he challenged them to offer up
any Republican legislation examples.

"I'm sure your party has authored one or two comparable
bills from time to time, but I can't think of any, and
apparently you can't either. What it boils down to is this:
the liberals dragged you into the 20th century scratching
and screaming with your heels in the mud, fighting anything
that's progressive, everything that's made this country
great. You Republicans have never understood that the
spending power of blue-collar workers, obtained through
Democrats and unions, is what really made this country
great. You really believe "The Good Life" was obtained from
your own endeavors. You cloak your greed in religion and
patriotism, railing against any form of tax, never
comprehending that these programs have benefitted all of us
and our country."

Well, I almost didn't make it out of the house. My wife
and I didn't even get to see the end of the football game.

If Reps. Steve Largent or J.C. Watts had been there,
perhaps politics would never have come up, only the game
plan ... pity.
Clint C. Gold is former mayor of Moore and a retired
savings and loan executive.

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Bobbieo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-22-07 07:32 AM
Response to Original message
5. The GI Bill cemented this action.and gave every vet a chance for a college education.
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