Show No American President Republican or Democratic has ever asserted before when the country was at peace that the government under his charge could not balance its budget in two years Only our actual experience with the he present administration administration admin admin- for seven years can make me believe that the President President dent really thinks he cannot do so He has chosen to debate and defend that New Deal policy which is the most utterly inde rode indefensible feasible of all New Deal policies a policy which will vill destroy all the good that may come from some of the reforms he has initiated It is the poor who will suffer the most when the government government government gov gov- goes into bankruptcy Then he quotes the President himself Too often in recent history liberal governments have been on rocks of loose fiscal policy V T We e must avoid this From the speech by Senator Taft raft |