Franklin Roosevelt actually said...

the deficit will be far greater than was anticipated unless there is an immediate curtailment of expenditures.

Message to all Departments and Agencies on Eliminating Unnecessary Expenditures.

04/12/1937

More Franklin Roosevelt Quotes

We shall have to take the responsibility for world collaboration, or we shall have to bear the responsibility for another world conflict.

It is good to be home.

It is fruitless to try to place the blame for this situation on one particular Nation or on another.

I have never for an instant wavered in my belief that an agreement to insure world peace and security can be reached.