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 don't believe in letting the grass grow under my feet."
"A man's got to do what a man's got to do."
"My choice early in life was either to be a piano player in a whorehouse or a politician. And to tell the truth, there's hardly any difference."
"The atom bomb was no 'great decision.' It was merely another powerful weapon in the arsenal of righteousness."
"A leader is a man who has the ability to get other people to do what they don't want to do and like it."
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.