Great Depression - Economy Act of 1933
Time: Monday Mar 20, 1933
Place: U.S.
Details: The controversial Economy Act of 1933 is signed into law, slashing $243 million in government salaries and pensions, and veterans' benefits. Despite the economic crisis, super majorities of American economists, policymakers, and the general public believed that the federal government needed to balance the budget and avoid deficit spending, to avoid putting further strain on the bond market which would negatively affect government borrowing costs, banks, corporations, and foreign investors. From 1929 to 1933, the total debt owed by the U.S. government rose from $16.9 billion to over $23 billion.
Related
Near
Donald Trump-House of Representatives impeached Trump with both articles
Wednesday Dec 18, 2019 - Washington D.C., U.S.
Donald Trump-Abuse of power and obstruction of Congress
Friday Dec 13, 2019 - Washington D.C., U.S.
Nancy Pelosi-Pelosi was re-elected speaker
2009 - U.S.
Donald Trump-Fewer than 20 representatives in the House supported impeachment
Jan, 2019 - U.S.
Nancy Pelosi-Democrats took control of the House
Wednesday Nov 8, 2006 - Washington D.C., U.S.
On This Day - 20 March
Napoleon-Siege of Acre
Wednesday Mar 20, 1799 - Acre, Ottoman Empire (Present Day Acre, Israel)
Napoleon-Napoleon II
Wednesday Mar 20, 1811 - Paris, France
Napoleon-Hundred Days
Monday Mar 20, 1815 - Paris, France
German revolutions of 1848–1849-Prussia annexing the Greater Polish region as the Province of Posen
Monday Mar 20, 1848 - Central Europe (Present-Day Poznań, Greater Poland Voivodeship, Poland)
Eiffel Tower-Completion of the first level
Tuesday Mar 20, 1888 - Paris, France
March 1933
Heinrich Himmler-Himmler set up the first official concentration Camp
Mar, 1933 - Dachau, Germany
Heinrich Himmler-Chief of the Munich Police
Mar, 1933 - Munich, Germany
Franklin D. Roosevelt-A President
Saturday Mar 4, 1933 - Washington D.C., U.S.
Great Depression-Franklin D. Roosevelt is inaugurated as President
Saturday Mar 4, 1933 - Washington D.C., U.S.
The Holocaust-March 1933 Reichstag elections
Sunday Mar 5, 1933 - Germany
1933
Second Sino-Japanese War-The Japanese attacked the Great Wall region
1933 - Eastern end of the Great Wall of China
Lacoste-Founding Lacoste
1933 - Troyes, France
Martin Bormann-The Machtergreifung (NSDAP Seizure of Power)
Jan, 1933 - Berlin, Germany
Heinrich Himmler-SS-Obergruppenführer
Sunday Jan 1, 1933 - Germany
Heinrich Himmler-The Nazi Party Growth
1933 - Germany