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1930s Quote by Richard D. Wolff

“To cut 1930s jobless, FDR taxed corps and rich. Govt used money to hire many millions. Worked then; would now again. Why no debate on that?” quote by Richard D. Wolff
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“To cut 1930s jobless, FDR taxed corps and rich. Govt used money to hire many millions. Worked then; would now again. Why no debate on that?”

Richard D. Wolff

About This Quote

Source Speech: Economic History Lecture, 2015

The statement argues that high taxes on corporations and the wealthy during the 1930s funded massive public employment, suggesting similar policies could solve today’s joblessness.

In simple terms: 1930s taxes funded jobs; similar taxes could help now.

Key Takeaway

Consider progressive taxation to reduce unemployment.

Themes

economics politics tax policy

Mood

critical analytical

Type

policy historical

When to use this quote

  • government budgeting
  • job creation
  • public works
  • income inequality

Key Concepts

Progressive taxation public employment economic stimulus

Questions to Reflect On

  • What modern policies could mimic 1930s job programs?
  • How would such taxes affect economic growth?
A Different Perspective

Political resistance and implementation challenges.

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