Political Quotes

FDR: “It has been shown time and again that if the standard of living of any country goes up, so does its purchasing power…”

On the record
It has been shown time and again that if the standard of living of any country goes up, so does its purchasing power-- and that such a rise encourages a better standard of living in neighboring countries with whom it trades.
Said by
FDR
Democratic · New York

Editor's note · Context

Roosevelt presents the idea that rising living standards in one country can positively impact neighboring nations, promoting economic interdependence.

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