Political Quotes

Richard Nixon: It is the wide availability of consumer credit which permits consumers to finance major purchases out of current income…

On the recordJanuary 2, 1973
It is the wide availability of consumer credit which permits consumers to finance major purchases out of current income and thus enables our industries to develop and offer many more products than they could otherwise.
Said by
Richard Nixon
Republican · California

Editor's note · Context

Statement About the Final Report of the National Commission on Consumer Finance

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