Unemployment quotes from the great depression

A grown man would work all day, hours, for a dollar. I remember hundreds of people walking by, people who had come down from the North just to get warm. People turned to farming and mining as sources of livelihoo alongside the Wall Street crash. Lamont, Secretary of Commerce, as chairman of the President’s special committee on unemployment.

Leaders and institutions are increasingly discredited.

When unemployment is high, prices and salaries fall. He really should have read more than just the headline. Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve System. This crisis of long-term unemployment is having a profoundly damaging impact on the lives of those bearing the brunt of it. Today’s misery is real unemployment , home foreclosures and bankruptcies.

In Germany, the Depression left six million people, more than one-third of the working population, without a job. Quotes tagged as unemployment Showing 1-of 95. The depression is over.

I am convinced that imprisonment is a way of pretending to solve the problem of crime. It does nothing for the victims of crime, but perpetuates the idea of retribution, thus maintaining the endless cycle of violence in our culture. Over the next several years, consumer spending and investment droppe. Numbers soon proved the optimists incorrect.

Half of all banks failed. Housing prices plummeted , international trade collapsed by , and prices fell per year. A few who lived through it tell their stories. Below you will find our collection of inspirational, wise, and humorous old great depression quotes , great depression sayings, and great depression proverbs, collected over the years from a variety of sources. Certain regions of the UK were badly affecte especially in Wales, the north and industrial areas.

However, the great depression was only partly averted. In certain areas, regional unemployment rates were cripplingly high, with few employment prospects. Great Depression Sayings and Quotes. And I had the naivete and arrogance of youth. I believe Gandhi is the only person who knew about real democracy — not democracy as the right to go and buy what you want, but democracy as the responsibility to be accountable to everyone around you.

Democracy begins with freedom from hunger, freedom from unemployment, freedom from fear, and freedom from hatred. At the peak of the Depression , unemployment reached an astounding. Unemployed urban Americans were forced to wait in soup and work lines, steal and live in shantytowns.

President Herbert Hoover responds to a question about the need for a special session of U. Congress to address the issues of unemployment. Employment office full of men looking for work, c. United States, National archives.