November 2, 2010

Otequay of the Ayday

Not from today, actually, but brought to us today by Thomas Sowell:

Guess who said the following: "We have tried spending money. We are spending more than we have ever spent before and it does not work." Was it Sarah Palin? Rush Limbaugh? Karl Rove?

Not even close. It was Henry Morgenthau, Secretary of the Treasury under Franklin D. Roosevelt and one of FDR's closest advisers. He added, "after eight years of this Administration we have just as much unemployment as when we started. . . And an enormous debt to boot!"

Economics and Markets Obama Administration Quote of the Day Posted by JohnGalt at November 2, 2010 2:36 PM
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