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Joseph Decosta 1907 - 1982

Joseph Decosta of Middletown, Middlesex County, CT was born on June 10, 1907, and died at age 74 years old in April 1982.

Joseph Decosta

Middletown, Middlesex County, CT 06457

June 10, 1907

April 1982

Male

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Joseph Decosta Joseph Decosta (1907 - 1982)

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Joseph Decosta's History: 1907 - 1982

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06/10

1907

Birthday

June 10, 1907

Birthdate

Unknown

Birthplace

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04/dd

1982

Death

April 1982

Death date

Unknown
Cause of death

Unknown
Death location

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Joseph Decosta lived 3 years longer than the average family member when died at the age of 74.

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Joseph Decosta lived 3 years longer than the average family member when died at the age of 74.

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Did you know?

In 1907, in the year that Joseph Decosta was born, in October, over a 3 week period, the New York stock exchange fell almost 50% from the previous year's high mark. Public panic ensued and there were runs on banks since the U.S. was in the middle of a recession. J.P. Morgan offered his own fortune to back the banks and he was followed by other financiers. This temporarily shored up the banking system, stopping the immediate panic. All of this led to the creation of the Federal Reserve.

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In 1944, at the age of 37 years old, Joseph was alive when on June 22nd, the Servicemen's Readjustment Act of 1944, called the G.I. Bill, was signed into law, pushed through by the veteran's organizations. Benefits provided for veterans to return to school (high school, vocational school, or college), obtain low interest home mortgages and low interest business loans, and (if needed) one year of unemployment insurance. Since most returning vets immediately found work, less than 20% of the unemployment benefits were distributed.

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