Thursday Jan. 13, 1944
One hundred billion dollars. In his State of the Union address to Congress on Monday, President Roosevelt requested the sum as part of a 1945 fiscal budget to provide “the financial requirements for victory.” And, he added, the nation needs at least 1 ½ billion dollars in additional taxes. That’s $1,985 for every man, woman, and child. This would not all go to the war. “While we move forward toward complete defeat of our enemies,” he said, “we must lay the groundwork to return the nation to peaceful pursuits.” This would involve reconversion of war plants, reemployment of veterans, and loss of jobs as post-war production slows down from wartime highs. Out of this would ultimately come the GI Bill and other programs that boosted the American middle class and promoted income equality. This editorial cartoon from The Naugatuck Daily sums up the naysayers.