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diane straub @didikins4life
, 11 tweets, 10 min read Read on Twitter
Sometimes it's good to review what we've accomplished so we remember what we stand for: #Thread #DemHistory #WhyIVoteDemocrat #DemsWork4USA #DemPartyPlaform
The Securities Exchange Act of 1934 was enacted by Franklin D. Roosevelt's administration requiring corporations make public certain financial information, including stock sales and distribution. #DemHistory #WhyIVoteDemocrat #DemPartyPlaform #DemsWork4USA 2
The Social Security Act, signed into law by President Franklin D. Roosevelt in 1935, created Social Security, a federal safety net for elderly, unemployed and disadvantaged Americans. #DemHistory #DemPartyPlaform #WhyIVoteDemocrat
The current Unemployment Insurance (UI)Program in the United States was established August 14, 1935 when President Franklin D. Roosevelt signed the Social Security bill which contained provisions for UI.This was key in establishing UI in the US. #WhyIVoteDemocrat #DemHistory 4
The Rural Electrification Act of 1936 provided federal loans for the installation of electrical distribution systems to serve isolated rural areas of the US.The funding was channeled through cooperative electric power companies, most of which still exist today. #DemHistory
It took President Franklin D. Roosevelt’s signing of the Fair Labor Standards Act in 1938 for all workers to see limits on working hours -- initially 44 hours a week, then phased to 42 and eventually 40 by 1940. #DemHistory #WhyIVoteDemocrat #DemsWork4USA
The first federal minimum wage was first introduced by Franklin Delano Roosevelt in 1938. Minimum wage was set at 25 cents an hour, which works out to about $4 per hour in today’s money.
That minimum wage was introduced as part of the Fair Labor Standards Act (FLSA)#DemHistory
Before overtime regulations were introduced in 1938, working hours were often exceedingly long and brutal for the average American worker. #DemHistory #OvertimeLaw #WhyIVoteDemocrat #LaborMovement
Blue-collar employees in industrial settings often worked 10-16 hours a day - many employers took advantage of high poverty rates to force their employees to work around the clock just to earn enough money to keep food on the table. #WhyIVoteDemocrat #DemHistory
In 1938, following years of depression and economic hardship across the country, president Franklin D. Roosevelt made good on his campaign promise to protect American workers with a sweeping new labor standards law called the FLSA (Fair Labor Standards Act). #DemHistory
In addition to creating the Minimum Wage and labor safety regulations, the FLSA introduced overtime regulations guaranteeing all non-exempt workers time-and-a-half pay for all hours worked exceeding 40 per week. #DemHistory #WhyIVoteDemocrat #DemsWork4USA
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