American Elephants

Useful Quotations for The Current World by The Elephant's Child

Henry Morgenthau Jr. was Franklin Delano Roosevelt’s Secretary of the Treasury, and the architect of The New Deal:

“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.”

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