4.8 • 654 Ratings
🗓️ 1 July 2025
⏱️ 92 minutes
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0:00.0 | The |
0:07.0 | The The |
0:23.6 | The Hello and welcome to episode 509 of the unauthorized history of the Pacific War podcast. |
0:45.8 | My name is Seth Peridon, historian and deputy director of the Mississippi Armed Forces Museum. |
0:49.8 | And with me, as always, is my good friend, author and historian John Partial. |
0:53.8 | How are you today john i am very |
0:56.0 | well looking forward to this one yes this one is going to be cool i i think yeah it's not it's |
1:03.3 | there's no yeah there's no boom boom in this one but not a bit but everything happens in this |
1:09.8 | allows us to talk about the boom, boom later. |
1:11.9 | That is correct. |
1:13.0 | And I think it's incredibly important because, you know, we've always said it, you know, you don't flip the switch. |
1:18.5 | And things just start working. |
1:20.3 | You got to start somewhere. |
1:21.3 | And this is where it all starts. |
1:23.1 | So with that, let's get into it. |
1:25.2 | In 1932, the United States was in the depths of the greatest financial crisis in its history. Grip by the Great Depression, the country was racked with poverty, unemployment was sky high. 15 million American workers had lost their jobs, one in every three. U.S. Steel, one of the nation's largest employers, |
1:46.0 | boasted a pre-Depression employee list of 225,000 people. By 1933, it had none. So desperate were |
1:55.2 | the times that 100,000 Americans hungry for work, hungry for food, too, left the United States |
2:00.3 | for the Soviet Union |
2:01.4 | for jobs. There was hardly a garbage dump in any major American city that did not have a bustling |
2:06.7 | shanty town filled with families who had been evicted from their homes or defaulted on their |
2:11.6 | mortgages by the hundreds. In the rural areas, it was worse. Gross farm income had fallen through the floor from $12 billion to $5 billion in just 18 months. |
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