“A Chicken in Every Pot and a Car in Every Garage”
May 3rd, 2006 | By Dan Amoss | Category: Macro Economics
THIS QUOTE, attributed to President Herbert Hoover's 1928 election campaign, epitomizes the mass psychology characteristic of the Roaring '20s. In a country that had long enjoyed a remarkable period of prosperity, it was felt that the trajectory of the boom's trend would eventually lead to an eradication of poverty.
The ...read more
