Lincoln is an anomaly. Most presidents did not wield expansive powers until FDR. His “New Deal” created many federal programs to remedy the devastating effects of the depression. There was record high unemployment, poverty and hopelessness. Veterans came and set up camp in DC and planned to stay until they were given money to feed their families.
Meanwhile, hotels had emptied and foot traffic was down at many retail stores.” People were loosing money because of the spill. The economy faced a drop in their financial balance. Many people left the county in order to find a place they could utilize water. Other people felt as if they were trapped in their own homes because several of the restaurants were closed. Even though the Chemical Plant boosts up the economy, once the spill occurred it created dramatic drop financially and
There were other causes of the great depression and not just due to the crash of the stock markets. Farmers during these times were experiencing their own great depressions due mainly to overproduction. By 1932, almost one-fourth of Americans in the workforce were unemployed. (Beard, 114) President Hoover took steps to lessen the effects of the crisis, but made little change. (fdrlibrary.marist.edu) Both Hoover and Roosevelt waited for change to take place of its own.
In 1931, as consumer purchasing continued to decrease, American manufacturing also decreased and forced the failure of an even larger number of American banks. During this time the United States government didn’t insure bank deposits, which resulted in a lot of Americans discovering they were poor and unemployed During the
This causes thousands of people to become homeless and displaced. Also, not every household had flood insurance, so then FEMA stepped in to assist these people. This process of FEMA stepping in to help people in need of emergency help is very expensive. Government funds are used to give people mobile homes to live in and money to help fix their destroyed homes. Insurance companies were pounded after the storm with many insurance claims due to all the flooding and wind damage.
The family is constantly migrating in search for survival while the job market remains very limited. Charles Hearn the author of “The American Dream in the Great Depression” argues that depression years had classified “little men” as heroes and put emphasis on security over advancement and spiritual values over material values. Moreover, he makes an important observation on the change in the American Dream in the history of United States. The stock market crash of 1929 impacted American families financially as well as psychologically. The rising unemployment and lack of adequate food and shelter were nonetheless circumstances inevitable by majority of Americans.
In the film there is undeniable proof that insurance companies make a conscience decision to deny healthcare that’s entitled to their customers. In the film there are also countless Americans that share their heartbreaking but true life experiences. This exposing documentary voices many injustices; there are more than enough people who are willing to share their horrifying stories. For example the Smith’s, they were a family that was pretty well off. Both the husband and the wife had well paying jobs, great health care, but they were still unable to afford the medical treatment that they required.
There is no doubt that here in America we are dealing with one of the greatest economic downfalls. It is said that 46.2 million Americans are now living in poverty. This is due to the shrinking number of jobs, the rise of the working poor, the dependency on the government is raising, health cost (the biggest threat of all) are crippling American families, and more and more children, our nations future, are living in poverty or close to poverty. Due to the recession in America people are forced to do what is necessary in order to survive. For many businesses and companies one of the easiest ways to save money has been by reducing the number of employees.
Homeless people all around the world stopped believing in ruby slippers a long time ago, because they know that fairy tales will not get them out of their predicament. They must struggle on their own, with the puny help of the government and the efforts of good-hearted people. Homelessness, a devastating experience for people, disrupts virtually every aspect of family life,
Crop prices fell by over fifty %. People went hungry because so much food was produced that production became unprofitable. Others were unemployed because they had produced more than could be sold. Huge numbers of Americans had their lives upset by the Depression. Tens of thousands of migrant farm workers travelled the nation looking for employment.