Deals Quote by Garet Garrett
“The New Deal was going to redistribute the national income according to ideals of social and economic justice.”
About This Quote
Source Speech: Economic Policy Lecture, 1935
The New Deal aimed to reallocate wealth to achieve fairness and economic stability.
In simple terms: Redistribute wealth for fairness.
Support equitable economic policies.
Themes
Mood
Type
When to use this quote
- policy debates
- government programs
- public welfare
- economic crises
Key Concepts
Questions to Reflect On
- Is wealth redistribution always beneficial?
- How can fairness be measured?
Implementation may reduce incentives for productivity; political opposition.