The President's News Conference
08/31/1949
https://www.presidency.ucsb.edu...
If we succeed in the effort for peace, our productive ability will enable us to achieve a material well-being never before known.
This growth in the productive sector of our economy indicates that neither the size of the military build-up, nor the high level of taxation...
It is a fundamental fact that the defense program itself, and our aid to friendly nations, must be related to the capacity of our economy.
The meaning of this is simple: In order to accomplish what we cannot afford to do without, we must give up many of the things that we can af...