STATE OF BUSINESS: Stretching the Boom

From Mobilization Boss Charlie Wilson this week came word of a significant change in the arms program. Said Wilson, in releasing his fourth quarterly report: instead of levelling off in 1953, as originally planned, the program will be stretched out. Some of the program will not reach its peak until 1955.

In part, the change of policy is merely recognition of the fact that arms production is woefully behind schedule. But the real significance is political. Arms production could be put on schedule by a tighter squeeze on civilian goods. That, however, would disrupt large segments of the economy, and...

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