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Updated: June 21, 2025
For a time we forgot the American dream isn't one of making government bigger; it's keeping faith with the mighty spirit of free people under God. As we came to the decade of the eighties, we faced the worst crisis in our postwar history. In the seventies were years of rising problems and falling confidence. There was a feeling government had grown beyond the consent of the governed.
Today we face both an immediate emergency and a major postwar problem. Since VJ-day the wartime housing shortage has been growing steadily worse and pressure on real estate values has increased. Returning veterans often cannot find a satisfactory place for their families to live, and many who buy have to pay exorbitant prices. Rapid demobilization inevitably means further overcrowding.
In making this comparison account should be taken of the fact that, while prewar expenditures were affected by direct relief and work relief for the unemployed, the postwar budgets are affected by the considerable increase in pay rates and other increases in costs and prices.
Their newly found economic strength is eloquent testimony to the striking success of the policies of economic cooperation which we and they have pursued. The international economy of 1960 is markedly different from that of the early postwar years.
For a time we forgot the American dream isn't one of making government bigger; it's keeping faith with the mighty spirit of free people under God. As we came to the decade of the eighties, we faced the worst crisis in our postwar history. In the seventies were years of rising problems and falling confidence. There was a feeling government had grown beyond the consent of the governed.
Their newly found economic strength is eloquent testimony to the striking success of the policies of economic cooperation which we and they have pursued. The international economy of 1960 is markedly different from that of the early postwar years.
Shortage of labor is not peculiar to Russia. It is among the postwar phenomena common to all countries. The war and its accompanying eases have cost Europe, including Russia, an enormous number of able-bodied men. Many millions of others have lost the habit of regular work. German industrialists complain that they cannot get labor, and that when they get it, it is not productive.
We have cut the war program to the maximum extent consistent with national security. We have held our peacetime programs to the level necessary to our national well-being and the attainment of our postwar objectives. Where increased programs have been recommended, the increases have been held as low as is consistent with these goals. I can assure the Congress of the necessity of these programs.
Nineteen Forty-Five provided the common frame of reference the compass points of the postwar era we've relied upon to understand ourselves. And that was our world until now. The events of the year just ended, the Revolution of '89, have been a chain reaction, changes so striking that it marks the beginning of a new era in the world's affairs.
A bill is also pending providing for retirement after a certain number of years of service, although they have not been consecutive, which should have your favorable consideration. These faithful servants of the Government are about the last that remain to be provided for in the postwar readjustments.
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