The bureaucrats in charge after WWII, fearing a return to the banker/government-caused Great Depression, made a fatal decision. Since it had apparently finally gotten the U.S. out of that disaster, enshrined in National Security Council Report 68 (NSC-68), signed by president Harry S Truman on September 30, 1950, they decided to continue using the manufacture of military materials to pump the economy.
Ten years later, President and Five-star General Dwight Eisenhower caught a glimpse of the result and warned us like this – – –