USA News

Jill On Money: Muddled in the middle

“Jill, when I hear politicians talking about the middle class, what do they mean?”

To answer this question, it’s worth tracing the roots of the term. When we think about the emergence of the middle class, we go back to President Franklin D. Roosevelt’s June, 1944 signing of the Servicemen’s Readjustment Act (the G.I. Bill) into law.

Jill Schlesinger 

Even as World War II raged on, the administration wanted to prepare for the millions of armed service men and women, who would return home and have no jobs. To avoid widespread human suffering — and perhaps a second Great Depression — the bill provided aid to veterans in the form of hospital facilities, purchases of homes, and education assistance.

File source

Tags
Show More

Related Articles

Back to top button
Close