264
California farmers to destroy 420,000 peach trees following Del Monte bankruptcy (www.sfgate.com)
submitted 5 months ago by to c/aboringdystopia@lemmy.world
71 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 16 points 4 months ago (2 children)

If you look at the state of the economy before the Great Depression, it's mirrored today. Just replace Hoover with Trump.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 0 points 4 months ago* (1 child)

    Eh, no. It's bad, sure, but we're a long way from the state of the economy right before the Great Depression. Here's an example:

    Unemployment peaked around 25% in 1933. The worst of COVID was 14.8% in April 2020.

    Housing. The cost of living. Underemployment. Unemployment. Gig work. It all sucks ass right now, but it sucked MUCH harder 100 years ago.

    The answer today is the same as back then. Vote better.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 6 points 4 months ago

    In the 1930s the Labor force participation rate was almost 20% higher (https://www.dol.gov/agencies/wb/data/lfp/US-Workforce-Since-1920). Then you factor in the underemployment and gig work you mentioned as well as how inflation has been a lie since the 1990s, and I'm not sure things sucked "MUCH" harder in economic terms. We do have better toys thanks to 80 years of NSF and other government funded science, but we're ending that now too.

  • permalink
  • fedilink
  • source
  • parent