Business & Finance: 5,000,000 Jobless?

"You can make all the boots and shoes needed annually in America in about six months and you can blow all the window glass needed in America in seventeen days. You can dig all the coal necessary in six months with the men now in the industry. Because of our increase in population in the last eight or ten years it now should take 140 men to supply the needs of the country where 100 could do so. Instead of that and in spite of our having 20,000,000 more people, the needs of the country are fully supplied with 7% fewer...

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