The Great Depression--current event blog

http://topics.nytimes.com/topics/reference/timestopics/subjects/g/great_depression_1930s/index.html
http://www.encyclopedia.com/doc/1E1-GreatDep.html
The great depression was so much more than "great" it was a devastation. Prices fell 89%..it also had a vast amount of unemployment. Most people pin its start to“Black Tuesday,” Oct. 29, 1929. People who bought stocks "on margin" (borrowed money) were the ones who suffered the consequences. struggling to keep above the high unemployment, low wages, no credit and failing business...people seemed to find no relief from president Hoover but instead turned to Roosevelt to come up with a solution and plan. Making federally funded jobs, and creating new work forces there were slight improvements. then further on World War 2 struck and things went on hold again. the United states didnt regain itself until the 1950's.

i think in our current situation we need to start making federally funded jobs and look into options like that. help out big business and small business as best we can to keep them a float and keep people employed. its scary to think that we are following a pattern that happened in our past and to look that it took nearly 20 years to get on its feet again, i worry about my future and what will happen next...