I have begun reading Burt Folsom’s New Deal or Raw Deal: How FDR’s Economic Legacy Has Damaged America and it is interesting, as I often find it, how similar earlier times are to today.
One of the first “New Deal” measures pushed through in 1933 was the National Industrial Recovery Act, later shortened to National Recovery Act or NRA. Among the many provisions of this act was the fixing of wages, not just minimums but all wages, for each industry. This was unpopular