Political Game Quotes
A decade after he made this observation, the external economic markets were not happy with the ways the Greek Government had handled the economy and the nation became insolvent. The IMF, World Bank and the other European nations bailed Greece out be making emergency loans, but then they imposed conditions on the Greek Government that was completely contrary to what the Greek politicians and the Greek voters wanted. The Greek national government had almost no control over their own economy.
This classic, notorious quotation was stated by President Herbert Hoover in the first year after the Stock Market Crash that triggered the Great Depression. It shows how out of touch Hoover and the Republican party was at the time. Unemployment was running around 25 percent and there was no social safety nets—people were literally starving and millions were homeless. Not only did Hoover oppose any unemployment relief, but he accused those who were advocating that of being unethical and immoral for doing so. His view was that the Federal Government should not interfere and that welfare or relief would weaken the moral fiber of the people. In 1932, the American Voters rejected him and choose FDR who advocated using the instrument of the Federal Government to ameliorate and who led the initiative for unemployment relief.
