Andrew Ross Sorkin
👤 SpeakerAppearances Over Time
Podcast Appearances
That was that kind of personal responsibility that we don't have as much to that degree.
Now, Hoover knew what to do, but chose not to, but encouraged Roosevelt to do it.
Yeah.
Yeah.
Yeah.
They go to the grocery store and they get a bill.
And that's that.
Okay, let's talk about all of the downriver outcomes of this collapse, because I bet there's a bunch we don't know about.
I think most we would know, and in the book you say, I think in 1934, maybe that was the nadir where we were at 25% unemployment.
32.
There's like tented camps everywhere.
They're called Hoovervilles.
And you point out the peak of our unemployment after 2008 was 11%.
For a hot minute.
So, yeah, one in four adults who would want a job can't get a job.
Can't get a job.
That's pretty bleak.
Al Capone.
I was going to say, that's how we got Al Capone.
We love to do that.