Articles tagged with: great depression
The Disgrace of American “Hoovervilles”
Many comparisons have been made between the Great Depression of the 1930′s and the Great Recession of 2008 (and still continuing). The biggest difference, however, in both of these difficult times in American history has been the presence of a “social safety net” created over the last 60 or 70 years. As a result of this, you don’t see …
August 8, 2011 ; The Day America Lost Its Optimism
When the dust finally settles, few Americans will doubt that August 8, 2011 is one of the worst day’s in modern American history. From now on, or at least for the foreseeable future, we cannot pretend that “everything” is going okay with the economic recovery, and that things will slowly but surely improve. The Recession of 2008, which followed one …
America’s Tea Party : A Road To Destruction
Few people would doubt that Barack Obama was elected the forty-fourth President of the United States at a perilous time in American history. In fact, his timing could hardly have been worse. Financial markets had crumbled, major banks and insurance companies were descending into insolvency, millions of Americans were losing their jobs, economic recession was spreading across the globe, and …
The (Un)solution Revolution
During the last part of the eighteenth century, the residents of the thirteen American colonies waged a war of revolution against the British government in order to resolve their long-standing grievances. The revolution was fought so that American residents could find uniquely American solutions to the problems inherent in living in a free society, and under the rule of law …
Where Have You Gone Joe Dimaggio?
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After suffering through one of the longest economic recessions in American history, our great democracy is now poised to choose a new pathway into the future. Like many other pivotal times in the past, the pathway that we choose will define our priorities for many years to come. In the early years following the revolution, America had …
Chairman Bernanke’s Words of Warning
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Federal Reserve Chairman, Ben Bernanke, during a rarely-held interview with the media was unusually candid about the future of the U.S. economy. His remarks were precipitated by a widely held misunderstanding among many Americans concerning The Fed’s intention to inject $800 billion into the economy. In a time of burgeoning federal deficits and an ever-increasing level of U.S. …
America Must Replace Fear With Optimism
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Eighty years ago, during the depth of the Great Depression, President Roosevelt warned the American people that “. . . we have nothing to fear except fear itself “. Although economic conditions across America are certainly much better than they were during the Depression, Roosevelt’s advice still holds true today. The economic recovery that started in the second …
2010: A Year of Resurgence For Democrats
It is not too early to let Republicans know that reactionary politics have no place in America today. The myth that conservative candidates will stage a major come-back in the 2010 elections should be exposed for what it is; another desperate attempt by the Republican Party to block the people’s agenda in America.
Obama: A Man For The Ages
most economists admit that 2010 will most likely be a year of slow economic recovery in the United States. During this year, the country will begin to digest the ramifications of the health care reform package, and many employers will position themselves to take advantage of the newly defined “health care landscape”.
