I'm coming up on my 62nd birthday. It's getting harder every year to remember what I was taught in high school about the Great Depression. The Democratic Party had hold of the executive branch, both of the legislative branches, and President Roosevelt stacked the judicial branch to give him a majority after the Republican Party was soundly defeated.
I'm not sure what the rate was for farm foreclosures, but the book and movie The Grapes of Wrath pretty much described their plight.
The monetary policy was changed so that the dollar was no longer backed by gold, which allowed the government to print more money to pump up the economy. Bank failures and bank runs took money out of the economy.
When the parents of one of my classmates died, the children found $100,000 in cash stuffed in the couch. Their parents were a product of the Great Depression. (I've reached my 200-hundred word limit. To be continued next month).
Evan Meacham, Kennewick