Everyone ought to be familiar with the words of Franklin Delano Roosevelt’s Treasury Secretary:
“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 if I am wrong … somebody else can have my job. I want to see this country prosperous. 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 an enormous debt to boot!” – Henry Morganthau, FDR’s Treasury Secretary, May 1939
And for the record, in April 1939, the unemployment rate was 20.7%. Anybody who thinks that FDR’s policies did anything but dig us deeper into depression are morons.
But few Americans have ever…
View original post 2,313 more words