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Of Course, It Has Never Paid Much.
-Molly Ivins
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Of Course, It Has Never Paid Much.
Molly Ivins
Of Course, It Has Never Paid Much.
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History
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Economist Frederick Thayer Has Studied The History Of Our Balanced-budget Crusades And Has Come Up With Some Depressing Statistics. We Have Had Six Major Depressions In Our History (1819, 1837, 1857, 1873, 1893 And 1929); All Six Of Them Followed Sustained Periods Of Reducing The National Debt. We Have Had Almost Chronic Deficits Since The 1930s, And There Has Been No Depression Since Then - The Longest Crash-free Period In Our History.
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Naturally, When It Comes To Voting, We In Texas Are Accustomed To Discerning That Fine Hair’s-breadth Worth Of Difference That Makes One Hopeless Dipstick Slightly Less Awful Than The Other. But It Does Raise The Question: Why Bother?
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