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Unemployment low
the unemployment rate is 3% in the united states -
Wall street crash
the american stock market crashes reaching a low that it will not come back to normal until 1954 -
Major bank crash
new yorks bank of the united states collapses in the largest bank failure to date in american history $200 million in deposits disappear -
Roosevelt Elected
democrat franklin d. Roosevelt defeats incumbent republican president herbert hoover in a landslide to win the presidency -
Roosevelt Inauguration
franklin d. roosevelt is inaugurated into office as 32nd president of the united states -
Townsend Proposes Pension Plan
dr. francis townsend sends a letter to the long beach press telegram proposing state funded pensions for the elderly to boost consumption and employment -
Townsend Plan Incorporated
dr. Francis townsend formally incorporates old age revolving pensions to lead the townsend plan movement. -
Share Our Wealth Society Founded
huey long founds the share our wealth society advocating outright seizure of the excess fortunes of the rich to redistribute to the poor. -
Upton Sinclair Wins Primary
a surprising groundswell of support for upton sinclair's EPIC movement gives sinclair a runaway victory in the democratic gubernatorial primary in california. -
Huey Long Assassinated
huey long is assassinated inside the louisiana capitol building -
Roosevelt Reelected
Franklin D. Roosevelt is elected to a second term as president -
Nazi Rally in New York City
the german american bund stages a huge rally of fascist sympathizers supporting what they call True Americanism in madison square garden in new york anti semitic hitler admirer and bund leader fritz kuhn calls franklin roosevelt frank rosenfeld the new deal the jew deal
