Dec 24, 2009
1940s: Workers during the Great Depression are faced with unemployment rates as high as 25% and relief comes through socialistic government programs. The U.S. also increases defense spending as officials realize the nation will become involved in World War II.
Today: Unemployment stands around 6%, but corporate downsizing has many workers concerned about their future. The government must reduce a multibillion dollar deficit, yet the stock market continues its strong performance.
1940s: Blacks are excluded from the suburban housing boom of the era. The...
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