Stop Spending Our Future!
Conn Carroll /
This cartoon from the 1934 Chicago Tribune has appeared more than once in our inbox. Hopefully, unlike 1934, we have already endured the worst of new federal government central planning in the U.S. economy. By 1934 the Depression had already lasted five years, but would still go on for another eight. In that time the left would go on to establish such monstrosities as the Works Progress Administration, the Fair Labor Standards, the Wagner Act, the Tennesse Valley Authority, and Fannie Mae.
In 1939 President Franklin D. Roosevelt’s Treasury Secretary Henry Morgenthau Jr. would admit (more…)