Franklin D. Roosevelt Quotes

War costs money. That means taxes and bonds and bonds and taxes. It means cutting luxuries and other non essentials.

 
Context
Roosevelt was very candid with the American people that there would be high cost to war and sacrifice would be needed. See {584569} for other similar candor. This quotation was often used by critics of George W. Bush who initiated the Iraq War and then cut taxes for the rich, but then financed the war through the budgetary emergency appropriations bypassing the budget rules that the revenue must be specified to pay for it. His administration even claimed at an early stage in the war that the oil revenue from Iraq oil would defray the costs.
Franklin D. Roosevelt
Franklin D. Roosevelt
  • Born: January 30, 1882
  • Died: April 12, 1945
  • Nationality: American
  • Profession: President

Franklin Delano Roosevelt, often referred to by his initials FDR, was an American statesman and political leader who served as the 32nd president of the United States from 1933 until his death in 1945. A Democrat, he won a record four presidential elections and became a central figure in world events during the first half of the 20th century. Roosevelt directed the federal government during most of the Great Depression, implementing his New Deal domestic agenda in response to the worst economic crisis in U.S. history. As a dominant leader of his party, he built the New Deal Coalition, which realigned American politics into the Fifth Party System and defined American liberalism throughout the middle third of the 20th century. His third and fourth terms were dominated by World War II. He is often rated by scholars as one of the three greatest U.S. presidents, along with George Washington and Abraham Lincoln.