National Affairs: Shakedown II

The economic machinery of peace needed even more tinkering than that of war. Built of odds & ends of free enterprise and New Dealism, held together with charity and hope, the weird and wonderful machine wobbled on. Washington's economic handymen worked their heads off, hoping that the whole contraption could be saved from an inflation boom & bust.

Last week they were haunted by the sight of one sad wreck: the meat industry. They had put on ceilings, passed out subsidies and wage boosts, seized strike-bound plants. And what had happened? Black markets were so prevalent and so...

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