Saturday Evening Post Time Capsule: July 1932

In July 1932, the stock market was at an all-time low, President Hoover was struggling to pull the country out of the Great Depression, and the Bonus Army marched on Washington, with devastating results.

Veterans of World War I march in front of the U.S. capitol building demanding promised bonus payments for their service, in 1932.
Featured image: Veteran “Bonus Army” demonstrating in Washington, D.C. (Library of Congress)

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Featured image: Veteran “Bonus Army” demonstrating in Washington, D.C. (Library of Congress)

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Comments

  1. This is a painful video to watch and hear anytime, but even more so just within the past few months. Though different in many ways, there are too many disturbing parallels with the present economically despite the immense differences at the same time.

    Only time will tell how the U.S. gets out of the mess it’s in now. As bad as it’s been, the pooh still hasn’t hit the fan yet with millions about to become homeless soon during a growing treacherous pandemic, with the greedy, brain dead government about to cut the money lifelines that have prevented it up to this point. Other governments in other countries see the big picture in truly helping its citizens recover financially, so they’ll have money to put back into the economy.

    God forbid a few people should make a little more money staying home, getting a handle on things a little, but no. Our government wants our public to hit rock bottom so they can sic the military on people who’ve lost everything that didn’t have to. Which governor just said to send the kids back to school, and if they get C-19, they can go HOME with it! It doesn’t take a crystal ball to see mass increases in C-19, murders/mass murders, suicides, increased rates of the virus leading to more, which will lead to more, etc. There are certain commonalities with 1932 now, but not the unimaginable dark shadows we have now blocking any realistic light at the end of the tunnel. Everything going wrong, simultaneously at the same time because everything’s botched and handled all wrong at the same time.

    I’ve been laughed at for suggesting the U.S. look at nations that can get their acts together and actually FIX their problems. Yes, actually fixing their problems, and come together for the common good. Here? Just never-ending drama by the President, Congress, the 2 Parties, and everyone else only interested in drama and greed. Oh we’ll probably get some insulting ‘solutions’ in the days ahead: namely reductions to make things worse! Sadly, that’s what we do best at the worst possible times. For the U.S. to make inroads in ever realizing its full potential, it’s got to stop speeding on the road with a fast approaching deep cliff just up ahead in the distance. Please God, help us get on the right road with the right people working for Americans, not hell bent on destroying our own citizens.

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