“One-Third of a Nation”
Roughly a third of citizens across global democracies are experiencing serious economic pain from rising prices. The domestic and international consequences may be severe.
Franklin Roosevelt’s famous second inaugural address discussed the economic pressures facing “one-third of a nation” still reeling from the Great Depression: “In this nation I see tens of millions of its citizens—a substantial part of its whole population—who at this very moment are denied the greater part of what the very lowest standards of today call…
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