Monday, November 21, 2011

State lawmakers need to deal with grim budget realities

Editorial from the Lower Columbia Daily News

Herbert Hoover, the only U.S. President with any real credentials as an "economist," was looking for a theme for his 1932 re-election campaign and made the notably unwise choice of "Prosperity is just around the corner."

It was quite some time before that corner was turned and the country turned it without Hoover, who was crushed at the polls by Franklin Roosevelt in November. It would be 20 more years before voters put another Republican in the White House.

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