As usual everybody wanted a scapegoat the villain who was to blame for inflation. Leaders of both parties were more interested in nailing down the blame for high prices than in deciding what to do about them. But inflation's effects could not be concealed by any amount of campaign oratory.
U.S. housewives read the bad news in their store windows every day. A sirloin steak which cost 79¢ a pound in Denver last fall now sold for $1.15. In Atlanta, a $60 suit now cost $65. Across the nation, cigarettes were up 1¢a pack.
Could anything be done about it? Something...
To continue reading:
or
Log-In
