Problems of Readjustment After the Depression
As the united states emerges from the depression, employment will be provided in the natural course of events for millions of persons now out of work. At the same time, it is widely predicted that business recovery will not of itself put an end to the problem of unemployment. Technical improvements in methods of production and other industrial changes, hastened by the pressure of hard times for reduction of costs, have destroyed the prospects of many workers for re-employment in their old occupations. In the course of an interview at Warm Springs, February 2, 1933, in which he outlined his plan for development of the Tennessee River watershed, President Roosevelt said: If such predictions prove to be correct, the depression ...