Thomas R. Shrout analyzes economic crises

By Kayla Bowcutt

October 8, 2008 | 7:27 p.m. CDT

Thomas R. Shrout, 89, recalls memories of the Great Depression at his home on Sunday. Shrout, who earned his Doctorate of Theology at Harvard shortly after the Depression ended, commented on the current economic crisis. “My feeling is that we will have a period of decline and then it will raise back up. Congress has taken action and in the Great Depression there was a lot of hesitation,” he said

RELATED STORIES: Memories of the Depression

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