PoseyTalks

The Great Depression is a part of American history that we all look back on and pray to never see again in such a large scale. This time period did not just change the U.S. economy of the time but went even further and fundamentally changed how people viewed the government’s role in it at every level. As we look back at it, we can see that those changes have rippled through history, influencing the policies and debates that still take place to this day. I chose to use Keynesian economics as a guide for this blog and would like to look at and discuss what caused the Depression, and how government intervention helped address it, along with what those actions left behind. The Depression didn’t appear out of thin air and happen overnight as people believe when they look at the past and see the terror people felt, including the mass amounts of life ending events. It was the result of deep economic cracks that had been forming for years and mistakes that were made and overlooked with no ...

  Henry A. Wallace is not a famous name when we look back at the 1900s, even though it should be. He doesn’t always get the spotlight he deserves in retrospect, but he absolutely deserves it. Between the years of 1900 and 1929, Wallace brought a scientific edge and a forward-thinking vision to American farming. This type of thinking is what really shaped the industry in ways we still see today, all around us. This push was not just about making farms more profitable; it was about creating stability for farmers and their families in a time when farming could be a risky business. Farming is the backbone of America, and without it we would not have the ability to feed or provide many different products for our people. Henry Wallace grew up in the life of the farming and agricultural industry. His father was well known and ran Wallace’s Farmer , a popular agricultural journal in Iowa. Henry knew firsthand the struggles that came with the territory in the agricultural business. When h...