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

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2 Responses to “Things We Read Today (1930 Response to the Liberterian/No Taxes Crowd Edition)”

  1. Things We Read Today (1930 Response to the Liberterian/No Taxes Crowd Edition) | baltimorer.com Says:

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  2. Tony Says:

    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

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