Red text mine.
Under the Republican Administration, as our country has prospered, so have its people. This is as it should be, for as President Eisenhower said: "Labor is the United States. The men and women, who with their minds, their hearts and hands, create the wealth that is shared in this country—they are America." Today that kind of talk sends Republicans into convulsions, sputtering on about tax cuts and wealth trickling down. Wealth is created from the ground up. There is no capital without labor. Republicans used to get it.
The Eisenhower Administration has brought to our people the highest employment, the highest wages and the highest standard of living ever enjoyed by any nation. Today there are nearly 67 million men and women at work in the United States, 4 million more than in 1952. Wages have increased substantially over the past 3 1/2 years; but, more important, the American wage earner today can buy more than ever before for himself and his family because his pay check has not been eaten away by rising taxes and soaring prices. (Eisenhower was able to do this with a 91% top tax rate for any wages over $3.2 million a year in todays dollars. This is precisely what Reagan declared war on by lowering the top tax rate for Millionaires and Billionaires and raising the social security tax, which has a cap on it, so it is only paid by the middle and lower classes.)
The record of performance of the Republican Administration on behalf of our working men and women goes still further. The Federal minimum wage has been raised for more than 2 million workers. Social Security has been extended to an additional 10 million workers and the benefits raised for 6 1/2 million. The protection of unemployment insurance has been brought to 4 million additional workers. There have been increased workmen's compensation benefits for longshoremen and harbor workers, increased retirement benefits for railroad employees, and wage increases and improved welfare and pension plans for federal employees. All policies that worked. Policies that created the strongest middle class in the history of the world. All policies that the Republicans now oppose. Hows that working out for them?
In addition, the Eisenhower Administration has enforced more vigorously and effectively than ever before, the laws which protect the working standards of our people. I can't even remember a time when Republicans gave a shit about the working standards of our people.
Workers have benefited by the progress which has been made in carrying out the programs and principles set forth in the 1952 Republican platform. All workers have gained and unions have grown in strength and responsibility, and have increased their membership by 2 millions. They are trumpeting the fact that union membership grew under Eisenhower's administration. Ironically, it is these very same strong unions the Republicans created that they now wage war on.