It must always be borne in mind that each and every individual is not only a producer but a consumer. In the final analysis of our conditions, we have to admit that it is not lack of consumption, but lack of production which is our present economic danger. The immigrant is needed, provided this fact is overcome, provided supply—whether in schools, in homes, or in shoes—does not fall behind demand. The public could today consume much more of the necessities of food, shelter and clothing than they are able to procure or have ever been able to procure in a country where the standard of living is so high. If, through cheap labor, and an increased willingness on the part of alien labor to live on the edge of existence, these standards are threatened, then is the time to bring legislative action to bear on the situation.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "It must always be borne in mind that each and every individual is not only a producer but a consumer. In the final analysis of our conditions, we have to admit that it is not lack of consumption, but lack of production which is our present economic danger. The immigrant is needed, provided this fact is overcome, provided supply—whether in schools, in homes, or in shoes—does not fall behind demand. The public could today consume much more of the necessities of food, shelter and clothing than they are able to procure or have ever been able to procure in a country where the standard of living is so high. If, through cheap labor, and an increased willingness on the part of alien labor to live on the edge of existence, these standards are threatened, then is the time to bring legislative action to bear on the situation." in the context of "" to mean that wisdom is timeless.