Topic: Hoovervilles

1 chapters across the catalog

Modern American "shanty towns" are being compared to the Hoovervilles of the Great Depression as the "Great American Boom" runs out of steam. While Democrats accuse big oil of price gouging, critics point to monetary policy and inflation as the true drivers of economic hardship. Despite government claims, many analysts believe the US has been in a technical recession since the COVID-19 pandemic began.