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This Day In Market History: Works Progress Administration Kicks Off
Friday, April 8, 2022 - 9:10am | 285Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On April 8, 1935, Congress approved the Works Progress Administration — a cornerstone of President Franklin D. Roosevelt’s New Deal — to employ more than 8.5 million...
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Depressing Similarities Between 1938 And The Present
Friday, June 17, 2016 - 8:44am | 362By the late 1930s, the worst of the Depression had passed after the U.S. President Franklin Roosevelt jolted the economy through the "New Deal," which focused on the "three Rs" — relief, recovery and reform. At the same time, private investment was at poor levels, as individuals chose to pay...
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Words I Wish Obama Said
Friday, July 8, 2011 - 4:18pm | 755We are in the midst of a great realignment, both politically and economically, and most of us are unaware it is happening. Just as the receding era began with a Great Depression, the incoming era has begun with the Great Recession. Just as the Great Depression brought about fundamental changes in...