Another Washington memorial got me thinking about European parallels. The Franklin Delano Roosevelt Memorial is a pleasant and extensive collection of water sculptures and marbled gardens marking FDR’s unique four mandates. Excerpts from some of his more memorable speeches are carved into the marble. The one I am standing in front of in the photo states: ‘No country, however rich, can afford the waste of its human resources. Demoralization caused by vast unemployment is our greatest extravagance. Morally, it is the greatest menace to our social order.’ This was the logic behind FDR’s ‘New Deal’ for growth and jobs. Surely it stands to reason, no?