Those Who Do Not Learn From History Are Doomed To Repeat It...

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QUOTE FROM ROOSEVELT'S BELOVED FRIEND TREASURY SECRETARY  Henry Morgenthau, Jr.  on May 9, 1939.   He was Roosevelt's  closest friend. The quote was from the recently published book, "New Deal or Raw Deal" by Burton W. Folsom:

"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'm 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!"

Read more of this very interesting outtake by clicking the Features tab and scroll down to read the highlights from Chapter One.

I am digging into this book so that the next time somebody wants to use the recovery from the Great Depression as an example of how we are modeling our American future I will be able to discuss the truth.  My experience is that they will refuse to listen or insist I am making this up.  Have you noticed there is not much tolerance for the dissenting opinion in today's America?  JWW

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This page contains a single blog entry by Joel Wilmoth published on May 18, 2009 10:24 AM.

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