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I think the people are in much worse position now than then. Most of the country was rural then and people had the abilities and skills to feed themselves.Peoples costs were lower .No auto ins , no health ins , no phone bill.Most homes could be heated without electric if needed.
Ask your grandparents if it was better then. Poor people today would be considered pretty well off compared to 1933. Cars, TVs, phones, bigger houses.
By 1933, US industrial production had fallen by 46% from its pre- depression levels. The dustbowl had wiped out crops. You didn't get unemployment insurance payments. Instead there were soup kitchens and bread lines.
I think people should do what they can for themselves to prepare for no boom.
I would not call what we are currently experiencing a boom but the bust has ended.
The govt is in charge of taking everyones cash now for soup and bread for the rest.Not enough though , they blow even more than that.That is a system doomed to fail.
My Grandparents are all gone Zip.My one Grandfather would still have been living the same as he would have been in the 40 's.He was a farmer.The property tax the Mrs and I pay ea yr now on our home , a house I have sold on contract ( previous rental ), 14.2 acres of the old family farm , a stand of timber in an adjoining County are more than he pd for his entire farm shortly after 1900.He bought coffee , sugar.Grew , made or raised everything else.
Sorry to hear. I still have one left- in her 90's and my other ones were in their 90's when they passed. They had a small farm in rural Pennsylvania. They had little for themselves but would try to help others when they could. People were always coming by trying to see if any work was available. You don't see that happening to day- people roaming the countryside looking for whatever they can find.
The Bastiat Collection ˇ FREE PDF ˇ FREE EPUB ˇ PAPER Frédéric Bastiat (1801-1850)
- "When law and morality are in contradiction to each other, the citizen finds himself in the cruel alternative of either losing his moral sense, or of losing his respect for the law."
-- The Law (p. 54)- "Government is that great fiction, through which everybody endeavors to live at the expense of everybody else."
-- Government (p. 99)- "[W]ar is always begun in the interest of the few, and at the expense of the many."
-- Economic Sophisms - Second Series (p. 312)- "There are two principles that can never be reconciled - Liberty and Constraint."
-- Harmonies of Political Economy - Book One (p. 447)ˇ tu ne cede malis sed contra audentior ito ˇ
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