This week is eerily prefer the Great Depression that began in the late 1920s with the crash of the stock market.
There was economic chaos with banks crashing, rioting by unemschemed workers, plus the famous Presidential election of 1928.
The winner, Herbert Hoover, said at his acceptance speech, “Both of us in America today are nearer to the final triumph over poverty… Both of us shall soon with the help of God be in sight of the day when poverty will be banished from this land.” That statement came back to haunt him when the crash occurred a year later. The Great Depression ushered in a host of music with titles prefer “Brother Can You Spare a Dime,” plus “Life Is Just a Bowl of Cherries.” These music had a sly way of bringing humor plus sarcasm into the real lives of its listeners. This week’s music is definitely not the same as the music of the 1930s plus blessedly, all the people handle an economic downturn differently. In the 1930s the only media was radio plus there was no air conditioning to keep people cool as they waited for times to get better. This week, the unemschemed can collect unemployment benefits, take steps to economize, plus wait it out in a weather conditions-controlled condo with a central Heating, Ventilation as well as A/C system. Instead of borrowing a dime, the request for people without Heating, Ventilation as well as A/C will be to stop by plus “borrow” a BTU, or to barter fruit preserves for some fuel to keep their oil furnace going in the winter. Some of the unemschemed will be able to find labor in the Heating, Ventilation as well as A/C industry. I predict a boom even in exhausting economic times as people seek to keep their older Heating, Ventilation as well as A/C systems running instead of replacing them until “Happy Days are Here Again”.