The price the U.S. paid for "normalcy" after World War I was the depression of the '30s. "The U.S. shall not again be victimized by a nostalgia for normalcy." In such businessman's English, the Committee for Economic Development's research committee presented its plan for full employment to President Truman and Congress. The U.S. must move courageously, said the committee.
"Premature removal of all wartime restrictions . . . could start an inflationary price boom beyond the power of added production to check."
Once past this reconversion danger, the committee estimated that the nation must provide 53,000,000 to 56,000,000 jobs 7,000,000 to...
To continue reading:
or
Log-In
