How Did Woodrow Wilson Ruined America

President Woodrow Wilson once said, “I am a most unhappy man. I have unwittingly ruined my country.” When President Wilson uttered these haunting words, he was referencing his unfathomable impact on the American nation and the disastrous destruction of the American economy. When Wilson signed the Federal Reserve Act, an act to base the economy off the Federal Reserves, the Stock Market took a turn for the worse. Little did Wilson know, when he signed this law, it would impact the lives of millions for many years to come.

On October 28, 1929, the American people would be changed forever. On this day, the Wall Street Crash of 1929 would take place. After the Stock Market crash, a new era arose. This period of time would be called the Great Depression. During this time period, many American families were experiencing something new. Families could no longer afford things that they normally could like sticks of bubble gum, for example. Things that we take for granted today, were like nuggets of gold to the people of America in the 1930’s. The Stock Market Crash bankrupted more investors by far than all of the nation’s previous economic issues and hardships combined. Newspapers were filled with stories of the prestigious and rich people falling into ruin. Things did not look good for America.
Many of these people had worked hard all of their life to barely be able to support their family. So when the Great Depression arose, the middle-class families were crushed. Millions of people in the middle-class lost all of their savings. With no money saved for retirement, the future looked quite grim for the citizens of America. Because of this, many families could not afford necessities like food, education, clothes, or even places to live. Americans everywhere were