The Third World War

You Asked For It, Charlie

Whatever may turn out to be the effect of the President’s monetary program on the U.S. balance of payments and the U.S. domestic economy, one thing is certain: it is going to hurt Western Europe, most particularly France. Lyndon Johnson knew this, I feel sure, and did not judge it a drawback. I rather imagine that as he approved the text of the New Year’s announcement, he may have said to himself something like, “You’ve been asking for it, Charlie, and now you’re going to get it.” Burnham

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James Burnham

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You Asked For It, Charlie

Whatever may turn out to be the effect of the President’s monetary program on the U.S. balance of payments and the U.S. domestic economy, one thing is certain: it is going to hurt Western Europe, most particularly France. Lyndon Johnson knew this, I feel sure, and did not judge it a drawback. I rather imagine that as he approved the text of the New Year’s announcement, he may have said to himself something like, “You’ve been asking for it, Charlie, and now you’re going to get it.” Burnham