FDR State of The Union, Speaks On War Budgets

The transcript details a speech by the president addressing the American people about the state of the Union during wartime. It covers the financial implications of war, emphasizing the need for increased national defense spending and production. The president outlines ambitious production targets for airplanes and other war implements, highlighting the challenges and necessity of these efforts in response to the attack on Pearl Harbor.

What percentage of the national income was devoted to National Defense according to the President?

• 25%

• 20%

• 15%

• 10%

What was the estimated cost of the war program for the coming fiscal year?

• $65 billion

• $60 billion

• $56 billion

• $50 billion

How many airplanes did the President aim to produce in 1942?

• 60,000

• 55,000

• 65,000

• 50,000

What was the target for airplane production in 1943?

• 100,000

• 110,000

• 120,000

• 125,000

What was the President's message regarding the production of war implements?

• The current production levels are sufficient.

• It is impossible to meet the targets.

• The targets are too ambitious.

• The production must be increased significantly.