PhilanTopic: Brother, Can You Spare a Grant?: "Brother, Can You Spare a Grant?
(Tracy Kaufman is an occasional contributor to PhilanTopic. In August, she asked the question, What's so great about an MBA?)
In the late 1920s, unprecedented rates of job and income growth in the United States prompted Herbert Hoover to boast, 'We shall soon with the help of God be within sight of the day when poverty will be banished from the nation.' A few years later, with the country mired in an economic depression, Hoover was repudiated by the voters, losing his bid for reelection to Franklin Roosevelt by a huge margin."
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