America Quote by B. C. Forbes
“Inflationary trends are under way. Wage increases, through strikes or threatened strikes, are rampant. Government expenditures are ballooning ominously. Hoarding has contributed unconscionably to price-boosting. The Government should institute measures calculated to arrest inflation. America's commitments are already so mountainous, international and domestic, that the pruning knife should be applied. You and I, all American taxpayers, don't possess limitless resources-our pockets are not bottomless. Curb inflation at every turn!”
About This Quote
Source Speech: Economic Policy Address, United States, date unknown
The quote warns that rising inflation, driven by wage hikes, government spending, and hoarding, threatens the economy and urges decisive action to curb it.
In simple terms: Inflation is rising; government must act to stop it.
Implement policies to reduce inflation now.
Themes
Mood
Type
When to use this quote
- budget planning
- tax policy
- consumer budgeting
- business pricing strategies
Key Concepts
Questions to Reflect On
- How can we balance inflation control with economic growth?
- What policies most effectively reduce hoarding?
Inflation control may conflict with growth goals and political constraints.