FDR: “Such a course may bring us immediate and false prosperity but it will…”

On the record

Such a course may bring us immediate and false prosperity but it will be the kind of prosperity that will lead us into another tailspin.

Said by

Democratic · New York

Source

Roosevelt warns that false prosperity can lead to economic downturns.

More from FDR

Mar 25, 1945

Our participation in the Food and Agriculture Organization will be an essential step in this collaboration.

Apr 2, 1945

The Federal Loan Administrator and the War Food Administrator are hereby designated as additional members of the Economic Stabilization Board.

Apr 12, 1945

I wish I had the power, just for this evening, to be present at all of these gatherings.

Apr 12, 1945

We seek peace—enduring peace.

Other voices in this conversation

FDR: “Such a course may bring us immediate and false prosperity but it will be the kind of prosperity that will lead us into…”