LETTER: Rooseveldt’s actions a template for SA
When the operation under the New Deal had run its course, 2.5-million young men had gathered skills through the employment system
26 June 2019 - 05:00
The government would do well to learn from how US president Franklin Delano Roosevelt coped with the Great Depression.
When he took office in 1932 the nation was in dire straits, even worse than we are experiencing in SA now. Unemployment was at 25%, 5,000 banks had closed, infrastructure had deteriorated alarmingly, and morale was at rock bottom...
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