The “mirage” of American economic invulnerability – FDR

01/10/2008 § Leave a comment

 

The "mirage" of American economic invulnerability has vanished, along with "much of the savings of thrifty and prudent men and women," the presidential hopeful told the crowd.

"We need to correct, by drastic means if necessary, the faults in our economic system from which we now suffer," he said.

Those words…were spoken…by Franklin Delano Roosevelt…who went on to win the 1932 election three years into the Great Depression.

 

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