"The Federal Government can pull the country out of Depression by spending and can drop the country in again by economizing. We had to prove that by experiment because hardly anybody believed it in 1933. Now that this relationship is proved by experience, many people still can't believe it. . . ."
This breezy solution of an economic riddle which has puzzled the world's ablest savants for the last decade was proffered last week in Middletown, Ohio by 30-year-old James Roosevelt. If several of the Assistant President's statements seemed a trifle brash, the last at least was indisputable. So many...
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