More events from the year I was born, 1932
- 13 million Americans unemployed.
- More than 24.5% of the population are unemployed
- 10s of thousands load up all belongings and live in cars going from place to place looking for work
- Hooverville's or shanty towns appear around the country built by homeless people using wood from crates, cardboard, scraps of metal, or whatever materials were available to them
- 43,000 marchers Inc. 17,000 World War I vets ( Bonus Army ) march to Washington DC and set up campgrounds demanding early payments of cash bonuses to help survive the Great Depression.
- Troops under the orders of General Douglas MacArthur advanced with bayonets and sabers drawn under a shower of bricks and rocks, but no shots were fired. In less than four hours, the troops cleared the Bonus Army's campground using tear gas.
- Comptroller of the Currency (or OCC) announces temporary halt by banks of foreclosures
- The Revenue Act of 1932 raised United States tax rates across the board, with the rate on top incomes rising from 25 percent to 63 percent.
- The first federal gasoline tax part of the Revenue Act of 1932 taxes apply of 1 cent per gallon.
- The Emergency Relief and Construction Act enacted July 21, 1932 was the United States's first major-relief legislation to fund public works hoping to put millions back to work, enabled under Herbert Hoover and later adopted and expanded by Franklin D. Roosevelt as part of his New Deal.
- Government and Companies implement wage cuts up to 30% for those lucky enough to be in employment
- Government and Companies cut working hours for those in employment hoping to provide more jobs for those who are unemployed.
- Due to Malnutrition and poor health Tuberculosis becomes widespread throughout the US
- The Communist Party of America organizes a “March on Hunger” in Detroit
- Franklin Delano Roosevelt wins a landslide presidential election on November 8th
- The United States forced 10's of thousands of Mexicans out of the country during the recession years
- American loans to help rebuild the German economy end
