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New New Deal
By Locke | January 24, 2009
FDR’s Treasury secretary and close friend, Henry Morganthau, stated the following to Congressional Democrats in May 1939:
“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!”
There’s a vast difference between believing something should be true and actual truth. President Obama believes a New New Deal will save our economy. Despite what he and most media outlets would have you believe, history shows it will not.
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