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Editorial November 17, 1939

The Mcdowell Times

Keystone, Mcdowell County, West Virginia

What is this article about?

Satirical column by Jo Serra critiques the vagueness of the New Deal program and mocks U.S. government borrowing to pay interest on prior debts, comparing public ignorance to a naive graduate. References SEC enforcement disparities.

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OCR Quality

98% Excellent

Full Text

New Dealers say that the majority of American citizens are for the New Deal program whatever it is—We'll bite. What is it?

The Low Down from Hickory Grove

With the war crowding even divorces and murders out of the news, it is not so hard to savvy why we don't pay too much attention to Uncle Samuel when he borrows another 10 or 12 million just to pay the interest on other money which he borrowed before.

Borrowing money to pay interest on other borrowed money, brother, that is borrowin'.

How Uncle Samuel manages to keep out of the calaboose, while the SEC puts other persons in, for too high financing, it is kinda mystifying.

But the most of us, I reckon, we are kinda like the young duck when he graduated there at the Champaign and Urbana university. On the day he graduated, the Professor said to him: "Young feller, you are now finishing here and there is just one thing you do not know. You don't know yet, that you don't know anything."

I guess maybe one of the things the Professor had in mind, it musta been politics.

Yours with the low down.

Jo Serra.

What sub-type of article is it?

Satire Economic Policy Partisan Politics

What keywords are associated?

New Deal Government Borrowing Political Satire Fiscal Policy Public Ignorance

What entities or persons were involved?

New Dealers Uncle Samuel Sec Jo Serra

Editorial Details

Primary Topic

Critique Of New Deal And Government Borrowing

Stance / Tone

Satirical Mockery Of Fiscal Policy And Political Ignorance

Key Figures

New Dealers Uncle Samuel Sec Jo Serra

Key Arguments

New Deal Program Is Undefined And Blindly Supported Government Borrows To Pay Interest On Prior Debts Hypocrisy In Sec Enforcement Against Individuals But Not Government Public Ignorance Of Politics Likened To Naive Graduate

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