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COVID and the Great Depression – Let’s not pretend it’s anything like 1929

For the most part, though, wages were so low that even employed people could afford only the fewest of non-essentials. There was little entertainment. My father reminisced once that a big night out was when four friends shared the cost of a case of beer and played cards all evening.

Chosen excerpts by Job Market Monitor. Read the whole story @ Yes, times are tough, but let’s not pretend it’s anything like 1929 | Financial Post


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