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Nationality: German Type: Mathematician Born: March 3, 1845 Death: January 6, 1918 |
“The CIO put up half a million dollars for Roosevelt's 1936 campaign and provided him with an immense group of active labor workers who played a large part in the sweeping victory he won at the polls.”
“Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work.”