FDR's very own treasury secretary, Henry Morgenthau, saw the folly of the New Deal, writing: "We have tried spending money. We are spending more than we have ever spent before and it does not work. ... 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!"
Ominous parallels indeed.
3 posted on 08/17/2011 4:35:47 AM PDT by Opinionated Blowhard
("When the people find they can vote themselves money, that will herald the end of the republic.")