Things We Read Today (1930 Response to the Liberterian/No Taxes Crowd Edition)
Senator David I. Walsh, Massachusetts:
“There are worse misfortunes than heavy taxes… One is unrest, discontent, and the spread of Bolshevism. One infinitely worse misfortune is the failure of the government to show an interest in removing the specter of starvation and misery and idleness and unrest which looms on our horizon… It is hypocritical to talk about doing anything for the relief of unemployment in this country unless we understand and appreciate that such relief will necessitate increased expenses to the government and increased income taxes upon the rich.”
Once again from “The Interregnum of Despair,” by Jordan A. Schwarz
This entry was posted on Saturday, November 29th, 2008 at 8:29 pm and is filed under The Political Mindscape, Things We Read Today. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.






November 29th, 2008 at 9:24 pm
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December 1st, 2008 at 2:52 pm
You don’t need heavy taxes to address hunger and idleness and despair. It’s a false trade-off. At least that’s what Obama’s economic advisors think:
http://gregmankiw.blogspot.com/2008/11/next-team.html