In the summer of 1938, President Franklin D. Roosevelt signed the Fair Labor Standards Act. The act didn't give people much mind you...a minimum wage of .25 cents per hour and a 44 hour work week would be considered full-time, oh, and it abolished child labor.
Even though this wasn't much, people with money fought against it tooth and nail. In one of the President's fireside chats he said, "Do not let any calamity-howling executive with an income of $1,000 a day, tell you that a wage of $11 a week is going to have a disastrous effect on all American industry."
Sound familiar?

