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" "It's a recession when your neighbor loses his job; it's a depression when you lose yours.
Harry S. Truman (May 8, 1884 – December 26, 1972) was the 33rd president of the United States (1945–53), an American politician of the Democratic Party. He served as a United States senator from Missouri (1935–45) and briefly as vice president (1945) before he succeeded to the presidency on April 12, 1945 upon the death of Franklin D. Roosevelt. He was president during the final months of World War II, making the decision to drop the atomic bomb on Hiroshima and Nagasaki. Truman was elected in his own right in 1948. He presided over an uncertain domestic scene as America sought its path after the war, and tensions with the Soviet Union increased, marking the start of the Cold War.
Biography information from Wikiquote
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Republicans approve of the American farmer, but they are willing to help him go broke. They stand four-square for the American home — but not for housing. They are strong for labor — but they are stronger for restricting labor's rights. They favor minimum wage — the smaller the minimum wage the better. They endorse educational opportunity for all — but they won't spend money for teachers or for schools. They think modern medical care and hospitals are fine — for people who can afford them. They consider electrical power a great blessing — but only when the private power companies get their rake-off. They think American standard of living is a fine thing — so long as it doesn't spread to all the people. And they admire of Government of the United States so much that they would like to buy it.
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