30 November 2019

President Eisenhower's farewell address (1961)

Wikipedia summary.

Best known for his precient comments on the military-industrial complex, the speech also cautions against mortgaging the future of our grandchildren for immediate gains:
Another factor in maintaining balance involves the element of time. As we peer into society's future, we -- you and I, and our government -- must avoid the impulse to live only for today, plundering for our own ease and convenience the precious resources of tomorrow. We cannot mortgage the material assets of our grandchildren without risking the loss also of their political and spiritual heritage. We want democracy to survive for all generations to come, not to become the insolvent phantom of tomorrow.
Fulltext here.

Related:  His Republican administration imposed a 91% marginal tax rate on millionaires, and in 1963 he opined that the bombing of Hiroshima and Nagasaki was unnecessary.

1 comment:

  1. His words were meant as a warning whereas the government and the rich adopted it as a modus operandi. Sad.


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