Political Quotes

Herbert Hoover: I do not believe that we have a sufficient distinction at the present time between earned and unearned incomes, to use…

On the recordApril 4, 1929
I do not believe that we have a sufficient distinction at the present time between earned and unearned incomes, to use terms that are rather loose--not as precise as they ought to be--but in any event on a general understanding of what we mean by those qualifications.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

The President's News Conference

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