The unemployment reached at the
The 24% unemployment reached at the depths of the Great Depression was no picnic.
– Barry Eichengreen
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- This crisis of long-term unemployment is having a profoundly damaging impact on the lives of those bearing the brunt of it. We know this thanks to a series of careful studies of the problem conducted in the depths of the 1930s Great Depression. – Barry Eichengreen
- Unemployment is sky-rocketing; deflation is in our future for the first time since the Great Depression. I don’t care whose fault it is, it’s the truth. – John Mellencamp
- Our Generation has had no Great war, no Great Depression. Our war is spiritual. Our depression is our lives. – Chuck Palahniuk
- The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. – Milton Friedman
- But hopes are Shy Birds flying at a great distance seldom reached by the best of Guns. – John James Audubon
- Recent economic data shows that our economy is robust, growing and headed in the right direction. The numbers don’t lie. Americans are currently enjoying falling gas prices, low unemployment, increased job creation, and a stock market that has reached an all-time high. – J. D. Hayworth
- By 1939, the Depression was back. Unemployment was huge. Roosevelt didn’t have any quick fix. Remember, the New Deal, Works Progress Administration, and Civilian Conservation Corps – all that happened years before. Roosevelt was riding a storm. – Gore Vidal
- I learned that unemployment can be the great educator. – David Caruso
- I’m into all that sappy stuff – a surprise picnic, nice dinner, or traveling. I’m kind of an old romantic. – Will Estes
- In the 1930s one was aware of two great evils – mass unemployment and the threat of war. – James Meade