It is part of the general pattern of misguided policy that our country is now geared to an arms economy which was bred in an artificially induced psychosis of war hysteria and nurtured upon an incessant propaganda of fear.

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Source, in full

Speech to the Michigan legislature, in Lansing, Michigan (15 May 1952), published in General MacArthur Speeches and Reports 1908-1964 (2000) by Edward T. Imparato, p. 206, much of this was used in speeches of 1951, as quoted in The Twenty-year Revolution from Roosevelt to Eisenhower (1954) by Chesly Manly, p. 3, and Total Insecurity : The Myth Of American Omnipotence (2004) by Carol Brightman, p. 182<!--

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Quote text and notes from Wikiquote: Douglas MacArthur (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.