The forgotten man at the bottom of the economic pyramid.
Interpretation
The quote highlights the plight of the most disadvantaged individuals in society who are often overlooked in economic discussions.
Franklin D. Roosevelt's quote emphasizes the importance of considering the needs and struggles of the most vulnerable members of society, often referred to as the 'forgotten man.' It serves as a reminder that economic policies should prioritize the welfare of those at the bottom of the socioeconomic hierarchy, ensuring that their voices are heard and their needs are met.
In practice
In a speech about social justice, one might quote Roosevelt to highlight the importance of supporting low-income families.
There has been one persistent theme through all Axis propaganda. This theme has been that Americans are admittedly rich, that Americans have considerable industrial power - but that Americans are soft and decadent, that they cannot and will not unite and work and fight. ... Let them tell that to the Marines!
The only limit to our realization of tomorrow will be our doubts of today.
A war of ideas can no more be won without books than a naval war can be won without ships. Books, like ships, have the toughest armor, the longest cruising range, and mount the most powerful guns.
Better the occasional faults of a government that lives in a spirit of charity than the consistent omissions of a government frozen in the ice of its own indifference.
Men are not prisoners of fate, but only prisoners of their own minds.
A world turned into a stereotype, a society converted into a regiment, a life translated into a routine, make it difficult for either art or artists to survive. Crush individuality in society and you crush art as well. Nourish the conditions of a free life and you nourish the arts, too.
People who live in poor countries have to be entrepreneurial even just to survive.
What many economists fail to understand is that poor people are no less concerned about improving their lot and that of their children than rich people are.
I'm an entrepreneur trying to let the American people know that it's not immigrants that are causing economic problems, it is the fact that our economy is advancing in ways that is making human labor less and less essential.
If the job of capitalism is to create wealth for those who put up the capital, no fund group comes close to Vanguard's success in serving its owners. So we're probably as far away from communism as is realistically possible.
A single currency entails a fixed interest rate, which means countries can't manage their own currency to suit their own needs. You need a variety of institutions to help nations for which the policies aren't well suited. Europe introduced the euro without providing those structures.
Obama had to save the banks, sure, but he didn't have to save the bankers and the shareholders and the bondholders. We broke the rules of capitalism in order to save those at the top - as we always do.
Subscribe for the occasional hand-picked quote. No noise.