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   Respectfully Quoted: A Dictionary of Quotations.  1989.
 
 
NUMBER:479
AUTHOR:Franklin Delano Roosevelt (1882–1945)
QUOTATION:The first theory is that if we make the rich richer, somehow they will let a part of their prosperity trickle down to the rest of us. The second theory … was the theory that if we make the average of mankind comfortable and secure, their prosperity will rise upward … through the ranks.
ATTRIBUTION:FRANKLIN D. ROOSEVELT, governor of New York, campaign address, Detroit, Michigan, October 2, 1932.—The Public Papers and Addresses of Franklin D. Roosevelt, 1928–1932, p. 772 (1938).
SUBJECTS:Economy
 
 
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