Quote by Franklin D. Roosevelt
Don't forget what I discovered that over ninety percent of all national deficits from 1921 to 1939 were caused by payments for past, present, and future wars.
Summary
This quote suggests that a significant portion of national deficits during the period from 1921 to 1939 can be attributed to the financial burdens incurred due to past, ongoing, and anticipated wars. It implies that war-related expenses were a substantial factor in creating deficits for nations during this time span. The quote serves as a reminder of the immense economic impact that the costs of wars can have on a country's financial situation.
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