FILE - In this Dec. 5, 1932, file photo, a general view as the nearly 2,500 demonstrators, cold and cramped from a night spent in their trucks and automobiles, assembled in line for their food rations at their encampment on the outskirts of Washington. Nearly a century later, the U.S. economy is all but shut down, and layoffs are soaring at small businesses and major industries. A devastating global recession looks inevitable. Deepening the threat, a global oil price war has…
March 24, 2020
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Buddy, can you spare a dime? Echoes of '30s in viral crisis?
WASHINGTON (AP) — The imagery floats in sepia-colored photographs, faintly recalled images of bedraggled people lined up for bread or soup. Shacks in Appalachian hollows. Ruined investors taking their lives in the face of stock market crashes. Desperation etched on the faces of a generation that would soon face a world war.