Word: recessional
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Dates: during 1930-1939
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For 1938. Before taking up the budget of the next fiscal year (1939) in a special message read to Congress last week the President reviewed the budget for fiscal 1938 ending next June. Revising his figures on the current budget for the fourth time since he predicted a "layman'...
Concerned with smaller subjects in this troubled world, Franklin Delano Roosevelt last week had nothing on his mind except preparing 1) a message to Congress on the State of the Union, 2) another on the Budget and 3) a speech for his Party's Jackson Day dinner this week...
When Depression struck in 1929, unemployment was a problem for which the U. S. was totally unprepared. Last week, such was not the case. On the contrary, Recession's latest unemployment peak came just in time to coincide with two New Deal schemes especially designed to deal with it...
Jackson. Describing the philosophy of Big Business in Goethe's phrase as "Aristocratic Anarchy," describing the present Recession in the words of Sir Arthur Salter, famed British economist, as "a 'strike of capital' against political action which it fears and dislikes," Bob Jackson declared:
Main inaccuracy of the census was obviously the fact that, while it included the first month of Recession, unemployment has grown more acute in the last month. Current unofficial estimates of the total number of workers who have lost their jobs since September average 2,000,000. In Detroit last...