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Many say a depression doesn't have to be great, that the economy can sink into a milder depression. The Salvation Army says it's happening now, and in San Diego County, people are standing in line outside a Salvation Army waiting for donated bread.
Salvation Army director of communications Suzi Woodruff Lacey said they are seeing people from all walks of life: "white collar, blue collar, people who have lost their jobs, people who are in danger of losing their homes."
Bread lines were regularly seen in the 1930s during the Great Depression, when unemployment peaked at more than 25 percent and the stock market lost 90 percent of its value. Today, California's unemployment rate hit 8.4 percent.
Originally posted by questioningall
To have bread lines starting. They were around during the 30's depression. I hate to say it, but we and the media need to acknowledge we are in a depression now, it is not just a recession anymore. The govt. did not acknowledge a recession until a year after it had begun. When will they acknowledge we are in a depression?
Originally posted by questioningall
The other thing, is the govt. does not say what the "real" unemployment numbers are...... they will drop off the people on the rolls that have "given up" on finding a job. The fact is, we are in double digit unemployment numbers now.
We went from being the "wealthest" country, and we have entered a time where the govt. has squandered away the wealth and have put us in Bread Lines.
My heart goes out to those people and actually to all the people of the Earth right now.
Originally posted by Pimpish
reply to post by prjct
Well factor in that there is still lots to come and the economy is going to get worse before it gets better, then you can start to see the bigger picture.
Originally posted by questioningall
The humilation of standing in line for a loaf of bread must be great, but their NEED for it is GREATER!
To Not feel something for those people...................... well........ there is nothing I can say to anyone, who does not acknowledge the sorrow that this is happening to them and to our country.