Wednesday, February 18, 2009

Those who don't learn from history...

This passage from the diary of Henry Morgenthau, FDR's Treasury secretary, seems particularly relevant today:

"We have tried spending money. We are spending more than we have ever spent before and it does not work. 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!"

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