FISCAL: Romance v. Realism

No best-seller is the U. S. Government Budget. Popular belief is that the Budget is not only physically (4 lbs., 10 oz.) but literarily the heaviest reading of the year.

President Roosevelt, who likes to make things interesting, has struggled hard to overcome this budgetary dullness, has consistently authored Budgets much livelier—for a variety of reasons—than those of his predecessors. With figures big and small, a Jack-be-nimble, Jack-be-quick is Franklin Roosevelt. He has a winning way of distilling complexities into simplicities. Critics have sometimes asserted that he oversimplifies.

Last week he sent...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!