Harry Truman — "It's a recession when your neighbor loses his job; it's a depression when you lo…"
It's a recession when your neighbor loses his job; it's a depression when you lose yours.
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More from Harry Truman
"I have often thought that the best way to get a man to do something is to tell him that he can't do it."
"I don't think I ever really wanted to be President. I think it chose me."
"The greatest part of all the Presidential troubles are the people who claim that they are the President's friends."
"The only thing new in the world is the history you don't know."
"Whenever you have an efficient government, you have a dictatorship."
About Harry Truman (1884-1972)
33rd US President who ended WWII (atomic bombs on Hiroshima and Nagasaki), founded NATO and the Marshall Plan, and integrated the US military. Closely associated with Franklin D. Roosevelt (his predecessor) and Dwight D. Eisenhower (his successor). For an intellectual contrast, see Henry A. Wallace, FDR's progressive Vice President (1941-1945) — Wallace was the VP Truman replaced on the 1944 ticket; Wallace's 1948 Progressive Party campaign attacked Truman from the left for starting the Cold War — the moral road not taken at the dawn of the atomic age.