Respectfully Quoted: A Dictionary of Quotations. 1989.
Franklin Delano Roosevelt (18821945)
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.
FRANKLIN D. ROOSEVELT, governor of New York, campaign address, Detroit, Michigan, October 2, 1932.The Public Papers and Addresses of Franklin D. Roosevelt, 19281932, p. 772 (1938).