A political cartoon entitled “Change” created in 1934 depicting the current state of the US economy amid the Great Depression has relevance once again, sadly.
The satire image shows the elite spends fiat currency further pushing our economy into more debt. You see a man painting a sign that captions,”Spend , Spend, Spend! Recovery or Bust…”. This was the state of our government and economy back in the 1930’s and once again history repeats and we see this happening today.
Today the US Government is over $17 Trillion in debt, printing fiat currency to keep us afloat while devaluing our economy against the world markets. President Obama repeatedly says that we must try something new, even though his policies are nothing but new just failed past attempts where ‘Hope’ the is key ingredient.