Everything Old is New Again
In May, 1939, Secretary of the Treasury Henry Morgenthau wrote in his diary:
We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and now if I am wrong somebody else can have my job. I want to see this country prosper. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises. I say after eight years of this administration, we have just as much unemployment as when we started. And enormous debt to boot.Change you can believe in.
Labels: Economics
Comments on "Everything Old is New Again"