By Alan Caruba
In the meantime, the FDR administration sponsored all manner of make-work projects in addition to some useful infrastructure ones. The problem then as now is that all those projects had to be paid for with taxes. That meant Americans had less money to spend on their own needs, to start new businesses or expand existing ones. Insanely, industries were required by law to collude to set prices and one could actually go to jail for offering a product or service for less!