| | Business cannot function at full measure unless consumption is held within total output, and savings are produced. Those savings then must regularly flow into new investment. New investment means the flow of economic resources into establishing new industries and the expansion of old ones. It means encouraging construction trades, manufacturing, and producing and installing new equipment and tools. It means allowing the creation of new private businesses and partnerships. Instead FDR carried on ceaseless attacks and denouncements of business, warned people against it, subjected buisnesses to dozens of absurd, semi revolutionary schemes, coupled with deficit financing which ate up all the savings, inflation, utopian panaceas, constant preaching that profit was evil, investors parasites, and businessmen were scoundrels and enemies of the people.{{fact}} | | Business cannot function at full measure unless consumption is held within total output, and savings are produced. Those savings then must regularly flow into new investment. New investment means the flow of economic resources into establishing new industries and the expansion of old ones. It means encouraging construction trades, manufacturing, and producing and installing new equipment and tools. It means allowing the creation of new private businesses and partnerships. Instead FDR carried on ceaseless attacks and denouncements of business, warned people against it, subjected buisnesses to dozens of absurd, semi revolutionary schemes, coupled with deficit financing which ate up all the savings, inflation, utopian panaceas, constant preaching that profit was evil, investors parasites, and businessmen were scoundrels and enemies of the people.{{fact}} |