Author Amity Shlaes who wrote The Forgotten Man, a history of the Great Depression and Franklin Roosevelt’s New Deal programs, isscheduled to speak Wednesday in Wheeling.
She says there are lessons from the New Deal era that U.S. officials should be applying now. “When somebody in charge is unpredictable, it makes everybody else nervous. That’s something we know from our own families,” Shlaes said on Monday’s MetroNews Talkline.
Shlaes addressed a number of economic topics on Monday’s MetroNews Talkline, including the 2009 economic stimulus package which she says did little to stimulate the economy.
“That was scatter shot. That was not getting the villain,” she said.
Hoppy Kercheval asked Shlaes how bad the U.S. debt really is at this point. “This particular debt cannot be outgrown,” was her response. “The entitlements have to be reformed.”
Shlaes is a commentator on Marketplace on National Public Radio and writes a column for Bloomberg News. A graduate of Yale, she has written for the Financial Times, Wall Street Journal and National Review.
The talk from Shlaes will come at a luncheon West Liberty University’s Center for Economic Philosophy is hosting at 12 p.m. at the Fort Henry Club in Ohio County.