On the recordJanuary 4, 1949
The business cycle is man-made.
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presidency.ucsb.eduThe business cycle is man-made.
Annual Message to the Congress on the State of the Union
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More from Harry Truman
It would have involved us in all-out war in the Far East, and we have been strenuously trying to avoid that all the time.
We have discovered that the Constitution does not prevent us from correcting social injustice, or advancing the general welfare.
We know that large reserves of generating capacity are vital to economic health and to national security.