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Trump’s inaugural address centers on pledge to lift a country in ‘decline’
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In his second Inaugural Address, the president reprised dark themes from
his first and laid out an expansive policy agenda.
39 minutes ago
The effects of the Keynesian-style deficit spending that the administration had been engaged in under the terms of the early New Deal, the President was advised to cut the budget, reduce deficit spending and tighten the money supply as a means to stave off inflation. Heeding their word (and no economist himself), FDR did just that.
ReplyDeleteThe results were an unmitigated disaster.