In 1933 the country was in crisis as the Great Depression took its toll. The elections were over and FDR was waiting to take office when Will Rogers wrote this Daily Telegram on January 19, 1933.
From this Will Rogers quote, it seems that nobody was in charge, and nobody wanted to tackle the problems facing the country in early 1933. Would they dare try to balance the budget? Could they bring in debts owed? Would they spend money that we didn’t have?
Are we in the same situation today? Congress has been spending money like a drunken sailor. It’s worse that that! Drunken sailors eventually run out of money. Congress can print more.
Maybe this is just too simple, but suppose that I sign up for every credit card application that comes in the mail, with the thought that I can use them to spend my way out of debt and on to prosperity. Not to worry, when I die, my kids will pay for the debt.
Can we really spend our way out of debt? They couldn’t do it in the 1930s. Why does this administration think it can be done today. Let’s hope and pray that sanity will prevail with the new congress and bring some balance back into the budget.
This image is from a Will Rogers’ silent movie called An Unwilling Hero, released in 1921. Rogers plays Whistling Dick, a hobo who loves life and classical music. He loves just about everything except work.
I hope you have enjoyed this quote from Will Rogers and the accompanying image taken from the Will Rogers iPhone app. Please visit our blog, twitter, or Facebook page regularly and pass these posts on to friends that might enjoy a bit of wisdom from Will Rogers.
