1930s Quote by Anonymous

For those unfortunate enough to experience it, long-term unemployment - now, as in the 1930s - is a tragedy. And, for society as a…

— Barry Eichengreen

The 1930s had been a time of tremendous economic distress. And the unemployment rate was enormously high by any historic standard.

— William O'Neill

Long-term unemployment is particularly costly to those directly affected, of course. But in addition, because of its negative effects on workers' skills and attachment…

— Ben Bernanke

Prolonged unemployment is a tragedy of broken lives, broken families, foreclosed homes, and life without health insurance.

— Jan C. Ting

The periods of unemployment accompanying depression in the business cycle . . . present a challenge to all our claims to progress, humanity, and civilization.

— Samuel Gompers

“The individualist insists that drastic depressions are the result of credit inflation; (not excessive savings, as the Keynesians would have it) which at all…

— William F. Buckley Jr

I have always believed that this idea of having a nation go through this very painful five or six years of continuous recession with…

— Antonis Samaras

The general unemployment rate is going to continue for a long time and for all of us. I have never heard so many heart-wrenching…

— Nat Hentoff

The shock of unemployment becomes a pathology in its own right.

— Robert Farrar Capon

Unemployment is sky-rocketing; deflation is in our future for the first time since the Great Depression. I don't care whose fault it is, it's…

— John Mellencamp

“Unemployment benefits are cut off to the long term unemployed in the USA!”

— Steven Magee

The longer workers are unemployed, the greater the likelihood that their skills will erode and workers will lose attachment to the labor force, permanently…

— Jerome Powell