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Henry Wallace Talks About Inflation - 1948 on Audio Download
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Henry Wallace Talks About Inflation - 1948
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Former vice-President and Secretary of Agriculture Henry Wallace broke with the Democratic Party in 1948. Anger with what Wallace considered Truman's dismantling of FDR's New Deal policies and a general slide back to the days before the Depression. Wallace, running as a Third Party candidate (The Progressive Party), gave a series of radio talks leading up to the 1948 election which he based on subjects voters wanted to hear about the most. This talk, number 3 of a series of 7, is about Inflation and what could be done about it in 1948. Henry Wallace: “Inflation, what you and I call the high cost of living, is not something that just happens like the weather. You can’t do anything about weather, but you can about inflation. Inflation is not accidental, it is man made. It is monopoly made. It was made and forced upon us by the men of Wall Street, acting through their agents; the Republicans and the Democrats – the two party’s. And there is something we can do about it. We can end it.”

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- Published:
September 2010
- LearnOutLoud.com Product ID:
H037427
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Politics
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History
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