What are the potential implications of government policies on the defense industry for national security and economic growth?

Editor’s Note: Defense tech enthusiasts may be familiar with President Franklin Delano Roosevelt’s famous Arsenal of Democracy speech, which solemnly and urgently called for material support to Europe in its fight against the Nazis. In that “fireside chat,” broadcast to radios across the country, Roosevelt appealed to the American people to break from their tradition of noninterventionism and appeasement to support the war effort. But Roosevelt delivered another speech two weeks later to Congress, on January 6, 1941, that struck a different tone. That address is excerpted below. In his Four Freedoms speech, which also served as the 1941 State The post FDR’s Message on the Defense Industry for the New Year appeared first on War on the Rocks