"High levels of employment have put millions of jobless under somebody's payroll, cut unemployment to rock bottom. In addition, the number of women workers has jumped sharply, giving many low-income farmers a double paycheck. Farm prosperity has lifted a whole economic class out of the bottom brackets into the middle class. Many marginal holdings have been expanded--built up or merged into some income producing units. There are fewer farm families now, and they are making a lot more as a result of machinery, fertilizer, Government supports, and higher demands. The unionization of labor and Government policy on wages have boosted the bottom bracket incomes. At the same time they have caught many businesses in a vice that has squeezed down profits. Labor has used its new economic strength to take a bigger slice of the economic pie for itself. Welfare programs, unemployment compensation, social security, and the like fatten up family incomes that otherwise might shrink to the vanishing point."
The article points out that 10 percent of the people at the very top of the economic scale get a smaller proportion of the national income than they used to, and the other 90 percent of the people get more of it. This means that most of the people are better off than ever before. And the magazine points out that this is due to the things your Government has been doing.