Great ideas: unintended consequences
The absence of standards on imported goods has flooded America
By Henry Lamb —— Bio and Archives--July 14, 2008
American Politics, News | Comments | Back To Full Article
It sounded like such a great idea: a minimum wage for all workers – enforced by the government. During his first 100 days in the White House, President Franklin Roosevelt and a Democrat-controlled Congress enacted the Industrial Recovery Act, which established the minimum wage and guaranteed labor unions the right of collective bargaining.
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