All The Ways The Euro Crisis Is Actually Much Worse Than The Great Depression

Townhall.com Staff
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Posted: Nov 04, 2014 10:00 AM

By the time President Roosevelt gave his inaugural address in March 1933, America was already in its fifth year of the Great Depression. This national tragedy left more than one in five working age people unemployed. Industrial production in the US declined by almost half. And real GDP fell by almost a third.