Editing Guns versus butter model (section)

== Great Society example ==
[[Lyndon B. Johnson]]'s [[Great Society]] programs in the 1960s, when he was President of the United States, are examples of the guns versus butter model. While Johnson wanted to continue [[New Deal]] programs and expand welfare with his own Great Society programs, he was also involved in both the [[arms race]] of the [[Cold War]] and in the [[Vietnam War]]. These wars put strains on the economy and hampered his Great Society programs.{{citation needed|date=January 2016}}

This is in stark contrast to President [[Dwight D Eisenhower]]'s own objections to the expansion and endless warfare of the [[military industrial complex|military-industrial complex]]. In his [[Chance for Peace speech|"Chance For Peace" speech]] in 1953, he referred to this very [[trade-off]], giving specific examples:<blockquote>Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children.

The cost of one modern heavy bomber is this: a modern brick school in more than 30 cities. It is two electric power plants, each serving a town of 60,000 population. It is two fine, fully equipped hospitals. It is some fifty miles of concrete pavement. We pay for a single fighter plane with a half million bushels of wheat. We pay for a single destroyer with new homes that could have housed more than 8,000 people.

This is, I repeat, the best way of life to be found on the road the world has been taking. This is not a way of life at all, in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron. ... Is there no other way the world may live?</blockquote>