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Unemployment Low
Unemployment averages 3.2% for the year -
Stock Market Crashes
With a boom in the 1920's for America people were thriving and thus creating the middle class. Then on October 29 the stock market crashed creating total caos. -
Unemployment Low
Unemployment averages 8.9% for the year. -
Smoot Hawley Tariff
Congress passed the Smoot Hawley Tariff which steeply raised import duties in an attempt to protect American manufactures from foreign competition. -
Empire State Building
Construstion was completed on the Empire State Building in NYC and opens for busniess. -
Unemployment Low
Unemployment averages 16.3% for the year. -
Roosevelt Elected
Democrat Franklin D. Roosevelt defeated Republican Presidebt Herbert Hoover in a landslide to win the presidency. -
Unemployment Low
Unemployment averages 24.9% for the year. -
Townsend Proposes Pension Plan
Dr. Francis Townsend sended a letter to the LOng Beach Press-Telegram proposing state-funded pensions for the elderly to boost consumption and employment. Trying to better America. -
Share Our Wealth Society Founded
Huey Long founded the Share Our Wealth society, advocating outright seizure of the "excess fortunes" of the rich to redistribute to the poor. -
Unemployment Low
Unemployment averages 21.7% for the year. -
Townsend Support Grows
More than 5000 Townsend Clubs nationwide together represent maore than 2 million members. An estimated 25 million Americans have signed petitions asking their representatives to back the Townsend Plan in Washington. -
Unemployment Low
Unemployment averages 20.1% for the year. -
Unemployment Low
Unemployment averages 16.9% for the year. -
Roosevelt Reelected
Roosevelt was elected toa second term as president, winning but a lot over Republican Alf Landon. Roosevlet wins every state but Maine and Vermont. -
Unemployment Low
Unemployment averages 14.3% for the year. -
Nazi Rally in New York City
The German-American Bund staged a huge rally of fascist sympatgizers supporting what they call "True Americanism" in Madison Square Garden. Anti-Semitic Hitler admirer and Bund leader Fritz Kuhn calls Franklin "Frank Rosenfeld", the New Deal "The Jew Deal.' -
Mobilization Lifts Economy
The Japanese attack on Pearl Harbor draws United States into World War ll. Mobilization for war finally lifted the American economy permanently out of the Great Depression -
Roosevelt Elected Third Term
Roosevelt was reelected president of the United States for a record third time, handily defeating his Republican challanger, Thomas Dewey. Roosevelts progressive legislation improved America's economic climate.
