imagenes-spencer-heath

Spencer Heath's

Series

Spencer Heath Archive

Item 853

Random taping by Spencer MacCallum from conversation with Heath

December 1955

The most important two lines of print that I have read in many a long time appears in Newsweek, the current number for December 12, 1955. Those two lines are this: “The United States Government will spend more money but take relatively less out of the economy” between now and 1966 (barring a war or some unforeseen disaster).

That is the most hopeful sign that has ever happened. If that is true, it means that civilization has turned the corner, or will be turning the corner in the next decade. Hitherto, taxation has always overwhelmed production. That is what has brought nations down again and again. If this turns out to be true, civilization will now be on the up and up. It will not have to go down. All mankind can take heart, because the critical problem has been always whether men could practice the Golden Rule enough to carry mankind ahead of the iron rule. And now it may be that the Golden Rule has caught up. And if the Golden Rule has caught up, we are now on the threshold of a Golden Age for all mankind.

Metadata

Title Conversation - 853
Collection Name Spencer Heath Archive
Series Conversation
Box number 6:641-859
Document number 853
Date / Year 1955-12-01
Authors / Creators / Correspondents
Description Random taping by Spencer MacCallum from conversation with Heath
Keywords Taxation Optimism