The New Deal was going to redistribute the national income according to ideals of social and economic justice.
More Quotes from Garet Garrett:
Business is in itself a power.Garet Garrett
Lenin, the greatest theorist of them all, did not know what he was going to do after he had got the power.
Garet Garrett
This is the problem for which revolutionary theory has yet to find the right solution, if there is one. The difficulty is that the economic interests of the two classes are antagonistic.
Garet Garrett
If the great Government of the United States were a private corporation no bank would take its name on a piece of paper, because it has cynically repudiated the words engraved upon its bonds.
Garet Garrett
If you put a ten dollar bill under the rug instead of spending it, that is capital formation. It represents ten dollars' worth of something that might have been immediately consumed, but wasn't.
Garet Garrett
The winds that blow our billions away return burdened with themes of scorn and dispraise.
Garet Garrett
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I said to myself, where are we living? In the United States of America where you're innocent until proven guilty, or Nazi Germany with the Gestapo calling?
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Adversity has the effect of eliciting talents, which in prosperous circumstances would have lain dormant.
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