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Seems the Super Committee is Not a New Idea

08 Nov

From Franklin D. Roosevelt and the New Deal by William E. Leuchtenburg (Chapter 2):

“Yes, we could smell the depression in the air,” one writer remembered of “that historically cruel winter of 1932-33…”

Many Americans came to despair of the whole political process, a contempt for Congress, for parties, for democratic institutions…

Many believed that the long era of economic growth in the western world had come to an end.

Many argued that the country could get out of the morass of indecision only by finding a leader and vesting in him dictatorial powers. Some favored an economic supercouncil which would ignore Congress and issue edicts; Henry Hazlitt proposed abandoning Congress for a directorate of twelve men.

kinda creepy actually

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Posted by on November 8, 2011 in Uncategorized

 

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