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...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!