http://www.onwar.com/chrono/1943/jan1943/f12jan43.htm
Red Army Shatters Hungarian Defenses
Tuesday, January 12, 1943 www.onwar.com
On the Eastern Front... The Soviet Voronezh Front (General Golikov) and Bryansk Front (General Reiter) attack the Hungarian 2nd Army and the German 2nd Army, respectively. The Hungarian defenses are quickly shattered. Soviet forces breaking through drive toward Kharkov. To the south, Army Group Don (Field Marshal Manstein) is also being pressured by Soviet attacks aimed at reaching Rostov and cutting off German Army Group A in the Caucasus. The Soviet breakthrough to the north represents a threat to the position of Manstein’s army group.
In the Aleutian Islands... Amchitka Island is occupied by a small US force led by General Jones. The destroyer Warden is lost in an accident.
In New Guinea... Australian infantry and tanks attack Japanese positions north and west of Gona.
$210 billion in 1942 is equivalent to about $20 trillion in today's economy.
And that was the amount necessary for total war to save the world from Axis powers.
Today's national debt is paying for what, exactly?