The Great Depression Is History Cheating Itself Essay

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The Great Depression: Is History Repeating Itself?

The 1930s were very troublesome times for citizens all across america. With an all time high unemployment rate, a failing economy, and even droughts, it was not easy to get by in this era. This period was known as The Great Depression, which reflected the damaged economics and political turmoil and also the nationwide feeling of depression that loomed upon citizens all throughout America. The stock market crashed, banks crashed constantly, people were stuck in a distraught state of mind, droughts caused turmoil for the farming industry, people constantly moved in search of new jobs, and most were unemployed. Everything seemed to be in shambles following the roaring twenties, a period of prosperity. …show more content…

Many people are already unemployed or underemployed, struggling to find full time jobs, and there are more staff cuts expected to be made in most businesses very shortly. This is very similar to what Americans faced in the great depression, most people feared that they would lose their job at any moment and many Americans today feel the exact same way And perhaps that was the worst of it. Whether you were a banker or a baker, a homemaker or homeless, it was with you night and day—a terrible, unrelenting uncertainty about the future, a feeling that the ground could drop out from under you for good at any moment. (Brown, 9) Another worrying fact is that “The U.S. banking system could plunge into disaster at any moment. The FDIC is backing up $7 trillion in deposits with an insurance fund that barely has anything in it” (Snyder,1). At any moment our economy can crash and we will be very blind sided because most Americans are too caught up in what is taking place on social media rather than the impending downfall of their economy. As put in boys in the boat, “home [...] was something you couldn’t necessarily count on” (brown,31), meaning everything could change at any moment and the way things are going it may happen very

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