The comments by Chriss Street should not be surprising to anyone ("Community Commentary: Deficit spending a bad move for U.S.," July 25). The comments by Tom Egan are surprising and seem to be more emotional than historical fact ("Sounding Off: Treasurer's arguments were shallow," July 28). President Obama is doing pretty much what he said he was going to do. The effects were easily predictable as they were, as far back as the FDR administration.
Henry Morgenthau served as FDR's Treasury secretary. Thus Morgenthau, who served from 1934 to 1945, was to FDR what current Treasury Secretary Timothy Geithner is to Obama. Morgenthau wrote in 1939: "We have tried spending money. We are spending more than we have ever spent before and it does not work. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises. ... I say after eight years of this Administration we have just as much unemployment as when we started ... and an enormous debt to boot!"