Harry Truman actually said...

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...

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...

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.

It is even more true of 1952 than of 1951 that we cannot have business as usual, consumer enjoyments as usual, or Government programs and se...