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Spend versus not to spend: 1934 vs 2009

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  • Spend versus not to spend: 1934 vs 2009


    The Economist - February 26, 2009



    The Chicago Tribune - April 21, 1934
    Ed.

  • #2
    Re: Spend versus not to spend: 1934 vs 2009

    The 1934 one is one year into FDR's term with stuff like FDIC/SEC/ Glass Steagall already enacted.

    I wonder what the cartoons will look like in 2010

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    • #3
      Re: Spend versus not to spend: 1934 vs 2009

      Thanks, Fred, terrific find. I'm a huge fan of historical analogies and comparisons, and am always totally and completely amazed at how little we learn from our historical mistakes. Same %&$#, different day...over and over and over.
      "...the western financial system has already failed. The failure has just not yet been realized, while the system remains confident that it is still alive." Jesse

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      • #4
        Re: Spend versus not to spend: 1934 vs 2009

        thanks for the cartoons. where did you scarce up the cartoon from 1934 though??

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        • #5
          Re: Spend versus not to spend: 1934 vs 2009



          Its probably a bit more like this.

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