...overproduction, with the economy having reached a mature state: "We may build more factories," he said, "but the fact remains that we have enough now to supply all of our domestic needs and more if they are used."1 The New Deal's initial response to this novel problem was to organize industrial cartels under...

...politician and few experts or citizens would argue in the 1990s as Roosevelt did in the 1930s that, "we may build more factories, but the fact remains...of our domestic needs, and more, if they are used." 37 We are more likely now to agree with Herbert Hoover's criticism of Roosevelt than with Roosevelt's...

...parts of the country more good roads, canals, parks and other improvements. But it seems to me probable that our physical economic plant will not expand in...of our domestic needs, and more, if they are used. With these factories we can now make more shoes, more textiles, more steel, more radios, more automobiles,...