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Abstract

Small Business And The Cold War

McWilliams, Carey | June 30, 1956 issue

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Russian smiles and the coming of the hydrogen bomb have created new pressures in the U.S. for the curtailment of military spending. But any attempt to cut military appropriations will meet with stout resistance and increasingly so if the economic outlook does not improve. Oddly enough, the resistances are stronger in the Democratic Party, the party of labor and small business, than in the big-business Republican Party. This is not as paradoxical as it sounds. Big business, of course, gets the lion's share — 80 per cent or more — of defense contracts.

See Also:

UNITED States -- Armed Forces -- Appropriations & expenditures; COLD War; SMALL business; DEFENSE contracts; POLITICAL parties -- United States; UNITED States

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H.L. Mencken, "An Eminent American," July 11, 1923.

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