Political Quotes

“In June 1944, 2 weeks after the D-day landings in Normandy, President Franklin Roosevelt signed the Servicemen's Readjustment Act, more commonly known as the GI Bill. That landmark measure created both college tuition grants and a living stipend for returning servicemembers who, according to FDR, had ``been compelled to make greater economic sacrifice and every other kind of sacrifice than the rest of us.'' Even though World War II would rage on for another year, leaders in Washington at the time recognized that millions of drafted young soldiers, sailors, marines, and airmen would soon be returning to civilian life, and, for their sake and for the sake of the postwar economy, creating an educational pathway to the middle class made tremendous sense. It has been 74 years since the GI Bill was signed into law, and it is now recognized as one of the most successful pieces of domestic legislation ever enacted. The postwar economic boom of the 1950s and 1960s, and the blossoming of the American middle class, both have been attributed, in part, to the GI Bill. Many renowned Americans, including Bob Dole, Johnny Carson, Harry Belafonte, Justice William Rehnquist, and even Clint Eastwood, to name just a few, were beneficiaries of the GI Bill. Economic studies have concluded that for every dollar the U.S. Government spent on the GI Bill, our economy saw nearly $7 in return in the form of additional economic output and tax revenues from income growth.…”