The Fair Deal/New Deal III (1949-52) continues: Democratic (socialist/fascist) President Truman signs the Housing Act of 1949, authorizing the construction of 810,000 low-income, high-rise housing units over the next six years.
Postscript: The act’s urban redevelopment model actually destroyed more homes than it built. Most of the high-rise apartment building became crime infested slums that were worse than the units that they replaced.
[added 8/29/2022]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Statement by the President Upon Signing the Housing Act of 1949 | Harry S. Truman
www.trumanlibrary.gov/library/public-papers/157/statement-president-upon-signing-housing-act-1949
Fair Deal – Wikipedia
en.wikipedia.org/wiki/Fair_Deal
Current U.s. National Debt:
