If I recall, it was partly a top
tax rate of 70%+ that led to the Big Crash and Bigger Depression. Suck the life out of all the bulls, and
you're left with a herd of cows, in Washington, fat with milk.
After the stuff hit the fan, Hoover was a "big
gov't", fix-it-by-policy politician if ever there was one, only to be surpassed by FDR, who was able to pass more
of Hoover's bloated "reform" policies. Americans learn to suck the teat of dependency and the cows keep
"producing".
Bookmarks