Business Answers
the President

Appearing in a few spots on this site are articles from 1937 written by journalists who were all of the mind that the Great Depression had finally reached an end. We all thought this was terribly odd because we all knew that the Depression lingered into 1940. However, this article showed up and explained it all to us: written by a Republican congressman and published in an anti-Roosevelt magazine, the author explained that since 1936, the economy was slowly getting better – and then it all went south during the late summer of 1937, plunging deeper in 1938.

“The President, the nation is given to understand, is most anxious to ascertain the real cause of the Depression. He can find it in a mirror.”

Articles pertaining to the optimism of 1937 can be read here and here.

Click here to read about the economic upswing in 1936.

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