It may be shocking to some people in this country to realize that, without meaning to do so, they hold views in common with Hitler when they preach discrimination against other religious, racial or economic groups.
Henry A. WallaceRead
During the next four years...unless drastic steps are taken by Congress, the U.S. will have nearly 8,000,000 unemployed and will stand on the brink of a deep depression.
Interpretation
What this quote means
This quote highlights the urgency for legislative action to prevent massive unemployment and economic depression.
Henry A. Wallace's quote emphasizes the dire consequences of inaction on employment and economic policy. He warns that without significant measures taken by Congress, the nation could face an alarming rate of unemployment, leading to severe economic downturns. This statement serves as a call to action for policymakers to address the looming crisis and safeguard the economy.
Themes
UnemploymentDepressionCongressActionEconomy
In practice
Example use cases
This quote can be used in a speech advocating for job creation policies.
More from Henry A. Wallace
All quotes βThey are patriotic in time of war because it is to their interest to be so, but in time of peace they follow power and the dollar wherever they may lead.
Henry A. WallaceRead
American fascism will not be really dangerous until there is a purposeful coalition among the cartelists, the deliberate poisoners of public information, and those who stand for the K.K.K. type of demagoguery.
Henry A. WallaceRead
Fascism is a worldwide disease. Its greatest threat to the United States will come after the war, either via Latin America or within the United States itself.
Henry A. WallaceRead
A fascist is one whose lust for money or power is combined with such an intensity of intolerance toward those of other races, parties, classes, religions, cultures, regions or nations as to make him ruthless in his use of deceit or violence to attain his ends.
Henry A. WallaceRead
This is a fight between a free world and a slave world.
Henry A. WallaceRead
Similar quotes
There is no doubt that as an economy grows in a great way like India has, that you have to step back and change your tax systems, because you start to get more disparities of wealth.
Bill GatesRead
The true law of economics is chance, and we learned people arbitrarily seize on a few moments and establish them as laws.
Karl MarxRead
Independent economists say immigration reform will grow our economy and shrink our deficits by almost $1 trillion in the next two decades. And for good reason: when people come here to fulfill their dreams - to study, invent, and contribute to our culture - they make our country a more attractive place for businesses to locate and create jobs for everyone. So let's get immigration reform done this year.
Barack ObamaRead
Unfair servicing practices can worsen a family's already difficult economic situation, and the injury echoes from the family to the community and ultimately throughout the economy.
Elizabeth WarrenRead
A banker who is allowed to borrow money at X and loan it out at X plus Y will just go crazy and do too much of it if the civilization doesn't have rules that prevent it.
Charlie MungerRead
No nation was ever ruined by trade.
Benjamin FranklinRead