Word: depressionitis
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Dates: during 1950-1959
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Back in the out-at-elbow days of the depression '30s, a young Hungarian engineer named Peter Goldmark tried unsuccessfully to get a job with Radio Corp. of America. About the same time, an equally obscure Ohio researcher named Frank Stanton was brushed off with a form letter when...
At Ohio Wesleyan, Stanton vacillated between a pre-med course and a psychology major. When he graduated in 1930, he was offered an advertising job by Philadelphia's N. W. Ayer on the basis of his work on the college yearbook, but before he could report for work, the...
But the fourth leader rejects the insinuation, by a Czech correspondent, that Britain is in a complete funk because its citizens usually answer the question, . "How are you?" with, "It could be worse." The Times explains that the phrase is not a sign of discouragement at all. Fully expanded, it...
But the road had something more substantial than an anniversary to celebrate. The Milwaukee Road, long one of the nation's sickest, was looking healthy again. It had suffered many ills Topheavy operating costs, plus the farm depression in the '20s, forced it into bankruptcy in 1925 in...
There is nothing new about the current cry for austerity and controls, said Johnson. When World War II began, he recalled, the economic crepehangers advocated cutting civilian goods and services back from the 1940 level of $72 billion to the $56 billion of the worst depression year. But what actually...