FDR: “I am opposed to wage reductions because the markets of American…”

On the recordJanuary 24, 1938

I am opposed to wage reductions because the markets of American industry depend on the purchasing power of our working population.

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Democratic · New York

Source

Excerpts from the Press Conference

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FDR: “I am opposed to wage reductions because the markets of American industry depend on the purchasing power of our working…”