Quote by Franklin D. Roosevelt
The first theory is that if we make the rich richer, somehow they will let a part of their prosperity trickle down to the rest of us. The second theory was the theory that if we make the average of mankind comfortable and secure, their prosperity will rise upward through the ranks.
Summary
This quote suggests two contrasting theories on how economic prosperity can be achieved. The first theory proposes that if the wealthy are made even wealthier, they will eventually distribute their prosperity to benefit the wider population. This theory relies on the concept of trickle-down economics. The second theory, in contrast, argues that by focusing on ensuring the average person's comfort and security, overall prosperity will naturally permeate through society from the bottom up. These theories represent different approaches to achieving economic growth and equity.
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