Tonight, more Americans are out of work and more are working harder for less. More of you have lost your homes and even more are watching your home values plummet. More of you have cars you can't afford to drive, credit card bills you can't afford to pay, and tuition that's beyond your reach.
The policy of letting things alone, in the practical sense that the Government should never interfere with business or go into business itself, is called Laisser-faire by economists and politicians. It has broken down so completely in practice that it is now discredited; but it was all the fashion in politics a hundred years ago, and is still influentially advocated by men of business and their backers who naturally would like to be allowed to make money as they please without regard to the interest of the public.
People go on postponing everything that is meaningful. Tomorrow they will laugh; today, money has to be gathered... more money, more power, more things, more gadgets. Tomorrow they will love - today there is no time. But tomorrow never comes, and one day they find themselves burdened with all kinds of gadgets, burdened with money. They have come to the top of the ladder - and there is nowhere to go except to jump in a lake.
So many people of wealth understand much more about making and saving money than about using and enjoying it. They fail to live because they are always preparing to live.
At bottom the world isn't a joke. We only joke about it to avoid an issue with someone, to let someone know that we know he's there with his questions; to disarm him by seeming to have heard and done justice to his side of the standing argument.
I don't think that any economist disputes that we're in the worst economic crisis since the great depression. The good news is that we're getting a consensus around what needs to be done.
Money is a sort of instinct. It's a sort of property of nature in a person to make money. It's nothing you do. It's no trick you play. It's a sort of permanent accident of your own nature; once you start, you make money, and you go on. . . But you've got to begin. . . You've got to get in. You can do nothing if you are kept outside. You've got to beat your way in. Once you've done that, you can't help it!