And, since we do remember that personally, we also remember that it was a rhetorical device, specifally aimed at the many voices then -- not unlike your second panel, if you strain your own memory -- who were fear-mongering about at least as many problems as their spiritual descendents do now.
Furthermore, Chuck, do you recall what got the US out of those problems? It was a massive, coordinated program of government spending across many areas -- one might even go so far as to call it "socialism."
And, so, finally, your point is....?
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Please remember that the purpose of Editorial Explanations is to explain and to expand knowledge, rather than to engage in any partisan bickering. All cartoonists are completely correct, in their own worlds.