Dwight D. Eisenhower Quotes
Inflation is not a Robin Hood, taking from the rich to give to the poor. Rather, it deals most cruelly with those who can least protect themselves. It strikes hardest those millions of our citizens whose incomes do not quickly rise with the cost of living. When prices soar, the pensioner and the widow see their security undermined, the man of thrift sees his savings melt away; the white collar worker, the minister, and the teacher see their standards of living dragged down.
Eisenhower, Dwight D. "Annual Message to the Congress on the State of the Union." 2 Feb. 1953. Public Papers of the Presidents of the United States: Dwight D. Eisenhower, 1953, National Archives and Records Service, 1960, p. 25.
Dwight David "Ike" Eisenhower GCB OM GCS CCLH KC NPk was an American military officer and statesman who served as the 34th president of the United States from 1953 to 1961. During World War II, he became a five-star general in the Army and served as Supreme Commander of the Allied Expeditionary Force in Europe. He was responsible for planning and supervising the invasion of North Africa in Operation Torch in 1942–43 and the successful invasion of Normandy in 1944–45 from the Western Front.