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Today, as 76 years ago, economic recovery is much on the mind of the government, which is busy as a beaver — sending another $26 billion to public employees, proposing an additional $50 billion for “infrastructure” — as it orchestrates Recovery Summer to an appropriate climax. But at least today’s government is agnostic about the proper price for cleaning a suit.
In 1937, FDR asked in his second inaugural address for “unimagined power” to enforce “proper subordination” of private interests to public authority. The biggest industrial collapse in American history occurred eight years after the stock market crash of 1929, and nearly five years into the New Deal, in . . . 1937.
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Read the rest here… George F. Will – Trifle with the government? Just ask Jacob Maged.