Wednesday, July 17, 2019

A Second Depression Predicted from History

The factors contributing to the spit out of working class the Statesns during the slump ar still relevant at once. Clues as to the close occurrence of a second stamp can be found by comparing the Great Depression to like a shots economic climate.The following attempt compargons contributing factors to the skins of working class federation during the time of the Depression and directly. Key factors to be analyzed are low wage and unemployment rates, unfair task laws and foreign and American economic influences, as well as American spending.Low wages are as much a problem instantly as they were during the Depression. One out of quartet working families in America today are low income earning wages which are so low that it is nearly impracticable for them to survive financially (Waldron, et.al., 2004). Key characteristics in todays low-down accept low-paying notes, inadequate benefits and little-to-no job advancement opportunities and neediness of skills and/or educati on (2004).Presently the economy demands naughty skilled workers, due to the rise in technology. Low paying service jobs are still operable and needed by the economy, yet the United States has not taken the proper action to support employees of much(prenominal) jobs and thus their ineluctably and those of their families, go unmet (2004). neediness of proper support by presidency reduces the chances for families of low paying service jobs to brand name or plan a firm future.Policies and regulations today are inadequate for the needs of the misfortunate much like during the Depression. Suggestions for the emolument of poverty-stricken Americans imply the creation of breach paying jobs, better access to education, training and wellness veneration and better benefits all these items are available to better paid employees. It is suggested that in sound out to accomplish these things, Americans must effectively site public resources (2004).Re search has shown that the trai n of education powerfully influence living standards in America for example, thirty-five percent of low-income families have a parent who did not graduate spicy school (2004).Americas poor struggle with balancing their wages the majority of their income is spillage to housing and utilities, not leaving plentiful for health care. This is a concern because without health care, Americas poor deteriorate work or lose their job because of illness. The struggles of low-paid workers in America are resembling to that of workers during the Depression. Education and skills were as important, and difficult, to obtain today as in the 1930s.As in the 1930s, tax structures and investments affect working Americans significantly. Public aid varies and is mandated by state however the uttermost amount of earnings leave behinded by either state in America is so low, that if a family wanted to maintain health insurance after reach the maximum income level, it is close to impossible. Some sta tes only allow a maximum yearly income level of ten thousand dollars. Once reaching the maximum amount, public assistance is no longer available. There were similar concerns of how to assist Americas poor during the Depression.The clean Bowl migration of the 1930s demonstrates the struggles and political policies which impact the poor during the Depression. During the Dust Bowl migration, families from okeh and surrounding states headed for California during the Depression, in search for a better life in the growing agricultural state (Gregory, 2004). The Depression affected everyone, but especially farmers in Oklahoma and surrounding states the severe drought made it all the worse.Unemployment rates were superior across the country farmers and those in the urban center experienced joblessness. The poor were often discriminated against by states many states were unwilling to allow the poor to relocate to their states (Gregory, 2004). California, for example, set up a boarder p atrol to keep poor migrants out of the state. It wasnt until 1941, that the Supreme motor hotel decided that states had no right to limit fellow Americans from migrating to their state (2004). There were attempts by some counties to help educated farmers as well as give chela health care services.

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