The Path to Post-War Prosperity: A Call to Learn from History, 1944-03-30

Item — Box: 4, Folder: 37

Identifier: CAC_CC_014_8.10_4_37_0001

Staff Only

In her radio speech, Helen Gahagan Douglas reflects on the economic challenges faced by America in the 1920s and 1930s, leading to the Great Depression. She criticizes the lack of effort to maintain production and full employment, resulting in a significant drop in national income and widespread unemployment. Douglas highlights the shift towards war production in the 1940s, which led to a significant increase in industrial capacity and national production. She warns against reverting to pre-war economic practices and calls for a future that avoids the mistakes of the past.