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They grew up during the great depression and were able
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Recall that, during the Great Depression, when there was a 25% jobless rate, and a whole lot more people than there now, the crime rate was very low
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Addendum to the above: The children of the Great Depression foreshadowed a coming generation of men and women destined for
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The cynical side of me hankers for another Great Depression to help restore some proper measure of (material) sanity to gross
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The state bank began during the Great Depression, and the state can claim its bank as a reason they did far better than the rest of the US during the Great Recession
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The greater inequality we have today, at its most unequal since the Great Depression, began under Reagan
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He repealed Glass-Steagal, an act that had regulated banks since the Great Depression
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Franklin Roosevelt was an accomplished man with great success in ending the Great Depression, non-dogmatic in his thinking and practices, and the most popular US president of all time, elected four times
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This was proven after twelve years of government tinkering failed to get our nation out of the Great Depression
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What much of the public does not realize is that there were actually two waves to the Great Depression, the better known one starting in 1929, another in FDR’s second term
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One of my grandfathers, a sawmill worker during the Great Depression, thought the worst about SS for decades and believed every falsehood put out by opponents
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What: The end of wars in Iraq and Afghanistan, avoiding war in Iran, the Arab Spring, preventing another Great Depression, and the very imperfect but still landmark healthcare program
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Another Great Depression would have seen unemployment and poverty double, leading to higher death rates
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Inequality caused both the Great Depression of the 1930s and the Great Recession of 2007-12
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Under the cover of the Great Depression FDR started to implement the plan that had been developed by
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In The Forgotten Man, Shlaes said that FDR helped prolong the Great Depression into the late 1930s by raising taxes
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With the onset of the Great Depression in 1929, however,
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“How else could this great country have fallen into the great depression, except for individual greed
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Following the onset of the Great Depression of 1929, it also coincided with the extension of government regulation to industry
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But anyone you know who went through the Great Depression was changed
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As Nicholas Longworth, Speaker of the House at the onset of the Great Depression wrote: “The capitalistic system is the oldest system in the world, and any system that has weathered the gales and chances of thousands of years must have something in it that is sound and true
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doldrums of the Great Depression, when
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were employed in the Great Depression to invert
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Sure we might have seen that when the Great Depression happened, but at that time our country was not so in debt that it could not see a light at the end of the tunnel
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Army in 1929 while attending a segregated high school and three years later graduated with the country devastated by the not-so Great Depression
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The absence of one or both parents through her early life as well as living through the Great Depression had a huge effect on Holiday’s life
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Those thieves were the reason for the Great Depression –
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Built during the Great Depression between 1931 and 1936, it used over three million cubic yards of concrete, enough for the paving of a two-lane highway from New York City to the city Tony Bennett left his heart in
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The other bad side effects may convince the people that the Hoover project shouldn’t have been started, even if it provided jobs during the Great Depression
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itself,” in connection with meeting the challenges of the Great Depression
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Then, while the world was in the grip of the Great Depression caused by a collapse of speculative investing, desperate
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Great Depression; when a simple disruption of the money supply caused people real harm
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The Great Depression was also when hotdogs became a common meal
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When I was young, I would listen to my Mother’s parent’s talk about life during the Great Depression
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He took us from 1845 when Slapout was on its way to becoming a trading outpost, first with the Indians, and later with the ranchers and farmers, and all the way through until the Great Dust Bowl and Great Depression in the 1930’s
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during the single worst week in the history of the built on this with a manifesto in the form of economy since the Great Depression
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out of the Dust Bowl and the Great Depression and into a more
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The Great Depression was a prolonged period of economic depression in the United States, Europe, and elsewhere during the 1930’s following the Wall Street stock market crash in 1929
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A Hooverville was a shanty town built by impoverished un-employed people in the United States during the Great Depression
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22 Amity Shales, The Forgotten Man: A New History of the Great Depression (New York: Harper-Collins, 2007), 352, 105, and 147
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It was also the height of the Great Depression
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However, the Second Great Depression had an effect on some of the
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Compare this to what happened during the Great Depression
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the great depression on one of your TV broadcasts
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The great depression didn’t hit Vegas quite as hard as the rest of the country
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To a country struggling through the great depression, the construction of Hoover
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However, James Junior’s stewardship of the property was cut short with the onset of the Great Depression in October of 1929, which thrust the once wealthy family into abject poverty
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Given that it was originally published in 1931, in the midst of the Great Depression, the
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a Great Depression, so the sun then starts melting the
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If they could complete that, then what else could they do? The land was still rugged and untamed but the birth of a new economy was bringing Americans out of the Dust Bowl and the Great Depression and into a more industrialized nation
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”(2) Even during the Great Depression of
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America was still in the middle of its Great depression with millions of people starving and poor, when Hitler had already completely eliminated unemployment and poverty from Germany
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As it turned out: the people of Germany saved themselves and recovered from their Great Depression by their own hard work and willingness to help each other and their basic, simple-minded, selfless good nature
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Used to authoritarian rule for 1,000 year: it is not surprising at all that they rejected democracy…And even then, it took the Great Depression, and the complete collapse of their Govt, and the complete loss of confidence in their ruling class, before the Nazis gained enough seats in the German parliament to be a political force
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The ordinary people wanted him to become the strong man of Germany: they wanted a dictator; because that was all they had ever known before the Great Depression and that economic disaster of the democratic experiment was a sharp lesson to them that told them democracy was not how Germany should be ruled
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If the other European Nations had not ganged up on Germany after the 1st World War, there never would have been a Great Depression and there never would have been a Hitler to use their national identity as a way of gaining power over them
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The indemnities they were forced to pay, the world, the trade embargo strangling them to death was not a figment of their imagination; it was real, the slow starvation of the entire nation, the Great Depression was not a figment of their imagination; it was real
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The other rich European cultures did not have this kind of invented knightly solidarity: they had history books that were slightly more honest than Hitler’s history books Germany’s poverty during the Great Depression drew Germans more together as a nation; more than they had ever been before
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Granted: Germans used Jews as a scapegoat: blaming them for losing the 1st World War, and for causing their Great Depression
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In Weimar Germany in the 1920’s during the Great Depression: it was true
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After the Great Depression: they were never poor
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When Germany recovered from the Great Depression: everyone was happy… The Jews had adroitly managed to come out on top
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The Germans masses grimly shouted themselves hoarse in approval because many of them knew from personal experience, from many painful personal dealings with Jews during the Great Depression; how they had been outsmarted and bilked and fooled by Jews and that was a good enough reason for them to become racists
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The memory of what Jews had done in the Great Depression was still fresh in the hearts of Germans
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There were too many millionaire Jewish families who had gotten rich during the Great Depression
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Germans had seen with their own eyes after all wealth was stripped from their towns and villages… how Jews began unearthing the secret wealth which they had hidden for generations… just for such an eventuality as the Great Depression
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From the historical fact that after the 1st World War: more Jews had profited from the Great Depression
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All of the culture of raising spoiled affluent western babies and children come from how the Jews spoiled their children after Germany’s Great Depression
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World War Two was started by the undead because the nation of Germany had become too healthy by being forced too go through the Great Depression
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Look at how the health of Germans was poisoned after their Great Depression
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Before that, the citizens of the world were first terrorized and deceived by the Great Depression
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Consequently, you can see who caused the great depression, on purpose! Pay
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Claire’s designer clothes and jewelry and the big houses and the pricey cars and the luxury vacations had come as a personal affront to a woman who had survived the Great Depression, a world war, the death of a husband, the loss of two children, and countless other hardships
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86, and Joyce Bryant’s “The Great Depression and New Deal” in American Political Thought, vol
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For more about the Golden Rule labor dispute, see The Great Depression in Washington State website, “Labor Events Yearbook: 1936,” at http://depts
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5, the lowest value seen since 1932 in the depths of the Great Depression
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I say this because the 1932 low associated with the Great Depression ended a drop in stock prices of 85 percent in real terms from the 1929 high
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The highest recorded unemployment rate during the Great Depression of the 1930s was 25 percent
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Historically, the last comparable drop in extent and duration was the Great Crash during 1929-1932, which ushered in the Great Depression of the 1930s
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The Great Depression of the 1930s is the classic example of a debt-deflation spiral
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In this regard it is important to compare the events of 2008 with the events that accompanied the onset of the Great Depression in 1929
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Moreover, the current Fed chairman, Ben Bernanke, is an expert on the policy failures that created the Great Depression and is determined to avoid them
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The 1929 crash and the Great Depression of the 1930s had soured the nation on the stock market
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4, showing an undervalued condition that was not as extreme as that associated with the Great Depression
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But you’ve got to start somewhere, and as good a place to start as any is with the historical returns of the stock market over a very long period of time – say, from before the Great Depression in 1929 to the present day
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It’s a comfort to remember that the stock market has survived and thrived despite such catastrophic events as the Stock Market Crash of 1929, the ensuing Great Depression, and two World Wars
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They cite three depressions—1920 to 1922, 1930 to 1933, and 1937 to 1938—whereas we talk today about there having been only one in this century: the Great Depression
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Writing in the aftermath of the 1929 crash and ensuing Great Depression, the prospect of the kind of financial market profitability we’ve seen in recent years was unimaginable
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But if you had started with a paltry $100 and simply invested another $100 every single month, then by August 1939, your money would have grown to $15,571! That’s the power of disciplined buying—even in the face of the Great Depression and the worst bear market of all time
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” That forecaster was named Alan Greenspan, and it’s very rare that anyone has ever been so unqualifiedly wrong as the future Federal Reserve chairman was that day: 1973 and 1974 turned out to be the worst years for economic growth and the stock market since the Great Depression
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The global financial crisis starting in 2007 was the most serious economic challenge since the Great Depression of the 1930s
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America suffered its deepest economic downturn since the Great Depression and many argue that we are still far from full recovery
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That challenge would have been large enough for anyone his age, but the onset of the Great Depression made things even more difficult
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While this does indeed hold true going back 25 years and even 50 years, it was not true in a different era, a period known as the Great Depression
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The causes of the Great Depression can be debated, but the consensus is that the October fall of the stock market was a major catalyst
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When comparisons are made between the recession that began in 2008 and the Great Depression, it not only irritates me, but it is truly a disservice to unknowing Americans
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I will agree that the collapse of a number of major financial corporations during 2008 did bring back memories of the Great Depression
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But there was not a major run on the banks as there was during the Great Depression
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The first 10 months of 1930 saw 744 banks fail and the grand total for the 1930s rose to nine thousand! Now take a step back and think about the 35 banks that failed in 2008 and compare it to the thousands that had to shut their doors during the Great Depression
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That being said, the comparisons between the Great Depression and the current recession are also not fair
