The President Digs In

January 1940
New Republic;1/15/40, Vol. 102 Issue 3, p72
Criticizes budget message of the U.S. President Franklin D. Roosevelt to the Congress. Intention of the President to cut total expenditure and higher tax return; Defend of the theory of governmental deficit-spending in time of depression, which has been followed in the past; Proposal of the President that surplus capital in the accounts of recovery agencies devoted to housing; Argument that nothing is said about health insurance, nothing, about any further governmental efforts to end unemployment and nothing about an expansion of public housing or power; View that the President's greatest strength is the existence of war and policies.


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