Henry Ford Quotes
The Depression is a good thing generally. Let them fail. Let everybody fail! I made my fortune when I had nothing to start with, by myself ns my own ideas. Let other people do the same.
Henry Ford, 1863-1947, Industrialist & Philanthropist, Unsuccessful Republican Michigan U. S. Senatorial Candidate [1918], Statement about the Great Depression, 1933, Quoted In A. J. Baime, The Arsenal Of Democracy, 2014
Sourced by: Eigen's Political and Historical Quotations
Ford was outraged about the President’s administration making rules and regulations to cope with the worst economic crash in American History. Former President Hoover had been voted out of office because philosophically he believed like Ford that the Federal Government should not be actively involved with private business and the economy. Some view regulation as meddling and interference while others see it as fulfilling its responsibility for the majority of citizens. See {642381} for Ford’s view of the Great Depression.
He was one of the very few people who warned about the market crash of 1929 and the Great Depression.
- Born: July 30, 1863
- Died: April 7, 1947
- Nationality: American
- Profession: Engineer, Industrialist, Philanthropist
Henry Ford was an American industrialist, business magnate, anti-Semite, and founder of the Ford Motor Company and chief developer of the assembly line technique of mass production. By creating the first automobile that middle-class Americans could afford, he converted the automobile from an expensive curiosity into an accessible conveyance that profoundly impacted the landscape of the 20th century.