“We have tried spending money. We are spending more than we have ever
spent before and it does not work. And I have just one interest, and if I am
wrong…somebody else can have my job. I want to see this country prosperous.
I want to see people get a job. I want to see people get enough to eat. 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!”
- Henry Morgenthau, Jr., Secretary of the Treasury, 1939, in a statement to the House Ways and Means Committee.