On the record
The average businessman knows that a high cost of living is a great deterrent to business and that business prosperity depends much upon a low price policy which encourages the widest possible consumption.
Source
gutenberg.orgFDR: “The average businessman knows that a high cost of living is a great deterrent to business and that business prosperity…”
Editor's note · Context
He notes that a high cost of living negatively impacts business prosperity.
Share
More from FDR
Mar 25, 1945
The coming victory of the United Nations means that they, and not their enemies, have power to establish the foundations of the future.
Mar 22, 1945
The name of the Office of the Coordinator of Inter-American Affairs is changed to the Office of Inter-American Affairs.
Mar 25, 1945
It will recommend agricultural policies and advise Nations on their food and agricultural problems, but it will have no power to coerce or command.
Other voices in this conversation
