Should-Read: Back in the days when a Republican president would blame an economic depression on his own biggest contributors: Teddy Roosevelt (1907): Address on the occasion of the laying of the corner stone of the Pilgrim memorial monument: “It may well be that the determination of the Government (in which, gentlemen, it will not waver), to punish certain malefactors of great wealth…

…has been responsible for something of the trouble ; at least to the extent of having caused these men to combine to bring about as much financial stress as possible, in order to discredit the policy of the Government…

March 6, 2018

AUTHORS:

Brad DeLong
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