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If the Nation is living within its income, its credit is good. If, in some crises, it lives beyond its income for a year or two, it can usually borrow temporarily at reasonable rates. But if, like a spendthrift, it throws discretion to the winds, and is willing to make no sacrifice at all in spending; if it extends its taxing to the limit of the people's power to pay and continues to pile up deficits, then it is on the road to bankruptcy.

— Franklin D. Roosevelt

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More quotes by Franklin D. Roosevelt

This is preeminently the time to speak the truth, the whole truth, frankly and boldly.

We defend and we build a way of life, not for America alone, but for all mankind.

On this tenth day of June, 1940, the hand that held the dagger has struck it into the back of its neighbor.

Freedom to learn is the first necessity of guaranteeing that man himself shall be self-reliant enough to be free.

Throughout the world, change is the order of the day.

State of the Union address (1935)

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Quote text and notes from Wikiquote: Franklin D. Roosevelt (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.