• publisher: Not FEE
• date: 12/14/1965 12:00:00 AM
• originalFile: 1365-fifty-billion-to-play-with-the-fear-of-fiscal-drag.pdf
• typeOfDocument: -1
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• docReferenceNumber: 1365
• correspondenceFrom:
• author: Henry Hazlitt
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  .Fifty Billion To Play With? 
  The Fear of Fiscal Drag 
  The famed economist analyzes the distortions and 
  recklessness of a recent article by one of the Times' 
  kept Keynesians. Not pretty, eh, Watson? 
  ·'For three long years," warned 
  President Roosevelt on March 10, 
  1933, when he had been in office only 
  a week, "the Federal Government has 
  been on the road to bankruptcy . . .. 
  [By the end of the fiscal year 1934] 
  we shall have piled up an accumulat­
  ed deficit of $5 billion ....

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• mainDocument: 4006
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1365-Fifty Billion To Play With? The Fear Of Fiscal Drag.pdf