Thursday, December 11, 2008

We Have Tried

"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."

From a Treasury Secretary Henry Morgenthau 1939 diary entry.

1 comment:

cde said...

Well many claim that the last time it took a world war to fix the financial situation.