Item No: pixc00329
Title: "Onward And Upward!"
Additional Title: "Onward And Upward!"
Print and Picture Collection
As FDR continues the recovery program, the taxpayer falls into the deficit.
"...the fiscal orthodoxy of budget balancing did not match the reality of the economic situation of an America with nearly a quarter of its working population unemployed. From 1933 to 1937, FDR maintained his belief in a balanced budget, but recognized the need for increased government expenditures to put people back to work. Each year, FDR submitted a budget for general expenditures that anticipated a balanced budget, with the exception of government expenditures for relief and work programs."
- "FDR: From Budget Balancer to Keynesian." Franklin D. Roosevelt Presidential Library and Museum. Web. 23 Nov. 2015. http://www.fdrlibrary.marist.edu/aboutfdr/budget.html.
Created for Evening Public Ledger, date unknown.
Sykes, Charles Henry, 1882-1942 - Artist