Documents Tell the Story

Curriculum: The Rise and Fall of Broad-Based Prosperity in the U.S. (1948–Present) · 7:39

Listen on 93

Lyrics

[Verse 1]
Back in nineteen forty-eight prosperity began to grow
Tax acts and tables tell the story of what we need to know
Primary sources hold the key to understanding our past
Look at the documents and artifacts to make the learning last

[Chorus]
Read the text of every tax act, study tables line by line
Capital gains and dividend changes, corporate rates decline
Union density rising, falling, strike activity too
NLRB policy shifting, primary sources guide us through

[Verse 2]
Distribution tables show us how the wealth was spread around
When union membership was stronger, middle class was sound
The artifacts of labor movements, contracts signed in ink
Tell us how prosperity bloomed more than you might think

[Chorus]
Read the text of every tax act, study tables line by line
Capital gains and dividend changes, corporate rates decline
Union density rising, falling, strike activity too
NLRB policy shifting, primary sources guide us through

[Bridge]
Don't just read what others wrote about the rise and fall
Go back to original documents, they tell it best of all
Tax code summaries and strike reports from days gone by
Show us why broad prosperity began to say goodbye

[Verse 3]
Corporate tax burden lightened as the decades rolled along
Capital gains got special treatment, changed the money song
When union power started fading, inequality grew
The primary sources paint the picture, clear and always true

[Chorus]
Read the text of every tax act, study tables line by line
Capital gains and dividend changes, corporate rates decline
Union density rising, falling, strike activity too
NLRB policy shifting, primary sources guide us through

[Outro]
From nineteen forty-eight to present day the story's in the facts
Primary sources, artifacts, and all those policy acts

← When the Tide Began to Shift | Trickle Down Dreams and Broken Promises →