10/18/1949
https://www.presidency.ucsb.edu...
"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 afford to do without."
"The expansion of our economy has occurred because the American people have never lost faith in progress."
"Without continued economic growth, the defense burden could make us weaker year by year."