Tuesday, August 21, 2012

Rain on the Scarecrow…, Collapse of Family Farms and the Great Depression(s).

August 21st, 2012

As I sit in one of my favorite Indiana towns for the evening, the following correlation and analogy occurred to me:  Just as it was said that the collapse of the agriculture industry in the ten years prior to the Great Depression of the 1930s foretold of the nation’s prior Great Depression; so can it apparently be argued that the threatened near-total collapse of the family-run segment of the farming industry during the last few decades may have also foretold of the ongoing Great Depression of the New Millennium – of which the nation is currently embroiled (CY2007+).

Adam Trotter

Maybe I'm merely stating the obvious here, though. And, whether the family farm industry managed to pull itself out of the mire is somewhat irrelevant to my point in that the industry appeared to be in dire straights at times and I ask whether such may have amounted to a foreshadowing of the economic difficulties that subsequently appeared across the nation.

The Great Depression of the New Millennium

See also:
John Mellencamp - Rain On The Scarecrow

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